Claims

AI is transforming every aspect of insurance from claims to underwriting, allowing carriers to personalize policies to customers' needs.

A new analysis from S&P Global Mobility forecasts more than 95 million autonomous vehicles on the road by 2035, changing traditional auto insurance coverage.

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.

Nikki Devlin, CEO and co-founder of RIC, discusses how policyholders can use parametric insurance to recover from extreme weather events as these risks increase.

Technology developed at Genpact starting in 2019 applies computer vision to claims processing.

Markel sells reinsurance renewal rights to Nationwide and more insurance news.

Actionable strategies for insurers to enhance loyalty.

The following stories and InsureThink opinion articles are a part of a series on how AI is being deployed in claims.

Any implementation of AI requires access to significant amounts of data and is not without its risks as carriers and brokers expand its adoption.

Insurers and adjusters are using AI across the claims space to expedite the process, verify information and improve the customer experience.

The backbone of American property insurance depends on data you've never thought about...until it's gone