Automation

The claims-processing startup will move overseas in an agreement with the multiline insurer.

Competitive pressures mean insurers are highly incentivized to automate more processes where they can to meet customer expectations, says KPMG.

Representatives of multiline insurers

Organizations that do not embrace modern business automation will flounder and struggle to survive, with approximately half of organizations recently surveyed saying they see automation as key to delivering a rapid rate of change.

Expect to see major changes in how organizations use AI, the rise of new ‘digital workers’ and increased competition for data professionals with AI skills, says Forrester Research.

Automation, biometrics, blockchain and quantum computing will be among the technologies having the greatest impact on business opportunities, says a new report from CompTIA.

Rising demand for business process automation through the use of artificial intelligence and software robots are expected to be a key trend for market growth.

Robotic process automation is helping the company reduce employees' workloads of mundane and repetitive manual tasks.

While it is possible to pair robotic-process automation technology with machine learning technology, it’s important to consider them separately.

World Economic Forum report including Ping An Insurance (Group) Co.’s OneConnect financial-management portal.

Formed in February, the 21-member group pursues digital tech to gain competitive advantage.

Like all other insurers, health payers can reap the rewards of digital transformation and emerging technologies.

Many carriers apply data analytics and artificial intelligence to stay on top of workforce requirements.

Many carriers face major roadblocks when it comes to finding the right skills and talents for digital adoption.

But only about 8% of insurers have fully automated some part of their processes, according to Capgemini survey.

Automation Anywhere, Blue Prism and UiPath are among the best bets for RPA software, according to a new Wave report from Forrester Research.

It is relatively inexpensive for insurers to try out the technologies -- and not risk falling behind.

Telematics, blockchain and RPA are all on the menu at the Worcester, Mass.-based multiline insurer.

More than 90 percent of organizations now have some percentage of their systems and applications invested in cloud computing, says CompTIA's Seth Robinson.

Both customer-facing and backoffice functions and tasks can benefit from robots. EY lists some common use cases.