Claims

Ransomware accounted for 60% of large cyber claims for the first half of the year, but frequency dropped 30%.

Modernization should never be viewed solely as an IT project.

Rob Evans, director of Claim Process Technology at Broadspire shares about data analytics and artificial intelligence.

In the wake of major losses like wildfires or hurricanes, parametric insurance can expedite payments for faster policyholder recovery.

The role of tech for insurers looking to level up fraud detection.

Insurers under pressure to improve digital experience while also reducing fraud.

AI acts as a tool that facilitates and expedites the claims process, saving claim adjusters significant time to focus on higher-value tasks.

Lee Elliston, chief operations officer - claims and UK for Aspen Insurance, examines how AI, data and other technologies are changing insurance claims.

Incorporating AI can help insurers gain a more accurate picture of unseen liabilities associated with underwriting and catastrophic events for clients.

Increasingly sophisticated auto technology, a lack of parts and difficulties in finding skilled repair labor are affecting the vehicle repair costs.