Claims

Paper checks continue to comprise a significant portion of transactions in the P&C sector.

Insurance policies are working hard to prevent financial fumbles.

Predictive analytics can help insurers retain customers, identify fraud and process claims.

The shift to electronic insurance payouts is an undeniable win-win.

The medical professional liability insurer will implement Origami Risk's SaaS platform for policy, billing and claims processes.

There is a new active approach that promises to revolutionize the workers' comp landscape: artificial intelligence that analyzes workplace video to effectively lower risks, injuries and premiums.

Jason Rosenthal, an Illinois-based attorney at the law firm Much Shelist, spoke with Digital Insurance about the ruling.

Insurance companies are likely to upgrade their core insurance management platforms in the next two years, according to research from Novidea.

By embracing emerging technology like AI, auto insurers can future proof their businesses and stay competitive.

The industry's digital transformation is ushering in a new era of risk management. By embracing cloud-based solutions, streamlining processes and integrating automation.

Remote workers traveling abroad can receive medical emergency and trip interruption coverage and submit claims from anywhere in the world.

The Guaranteeing Overtime for Truckers Act aims to level the financial playing field for truck drivers.

Mike Fiato will join Allstate as executive vice president and chief claims officer.

Gen AI is particularly useful to search, generate, classify, cluster, and summarize information as well as extract valuable data and insights which could prove useful in the claims process.

The J.D. Power 2023 U.S. Claims Digital Experience Study shows overall customer satisfaction with digital experiences is down from last year.

Adjusters across the insurance ecosystem are utilizing digital technology to assess, document and close claims.

The reinsurer is working on how to use Gen AI to support decision-making without letting it fully automate decisions. PwC and others also see claims and customer service applications for the technology.

More news: Markel appoints digital and portfolio executive in distribution strategies and business development.

Stephen Deane will take over the position for Mary Nasenbenny who will retire at the end of the year.

The New York State Insurance Fund, one of the largest workers comp insurers in the U.S., got over 1,000 policyholders on board its new claims information app in its first week.