Automation

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.

Implementing advanced artificial intelligence strategies will require IT leaders to convince workers on the overall benefits of using these emerging technologies.

Britain’s largest insurer is benefiting from an expanding middle class and growing insurance coverage in Asia, where it gets about a third of its earnings.

Nearly half of IT security pros think in the next year they will either struggle to deal with the increase of cyberattacks or that it will be impossible to defend against them, study finds.

It’s important that both RPA service providers and their corporate clients keep in mind the one major roadblock to successful automation is employee fear.

New business models based on blockchain and cognitive intelligence are coming, which will lead to the introduction of smart contracts for greater efficiency.

Machines are taking over much of the grunt work associated with tasks, elevating the roles of humans to adopt more strategic roles.

The new program, "Zara," was developed in partnership with Spixii, a graduate of the carrier-sponsored Startupbootcamp accelerator.

While there has been a great deal of hype around the technologies that make up AI, that will change to action this year according to Gartner analysts.

Top risks are often associated with the IoT, artificial intelligence, cloud computing and robotic process automation.

True benefits of RPA are only possible with a logical implementation plan backed by a thorough governance framework and strategy.