Artificial Intelligence Insurance Claims Intelligent Intake AI can indeed help automate insurance claims processing – but it won’t replace humans September 26, 2023 by jeremystinson In their never-ending quest to automate claims processing, insurance companies are naturally turning to artificial intelligence (AI) technology. And plenty of vendors are more than willing to assure you AI will bring you to the promised land of straight-through processing (STP). Indico Data is not one of them. There’s no question AI can and does […] Read more »
Insurance Claims Intelligent Intake 3 ways automated claims processing helps detect insurance fraud September 20, 2023 by jeremystinson Fraud has long been an issue in both retail and commercial insurance, but now carriers are finding automated claims processing technologies including intelligent document processing and artificial intelligence provide a way to fight back. Insurance fraud costs U.S. businesses and consumers $308.6 billion per year, according to the Coalition Against Insurance Fraud. The top 5 […] Read more »
Artificial Intelligence Unstructured Unlocked Transforming underwriting: Challenges, opportunities, and the AI advantage September 14, 2023 by jeremystinson In the ever-evolving landscape of the insurance industry, the adoption of advanced technologies is crucial to enhance efficiency, accuracy, and customer satisfaction. One area that has garnered significant attention is underwriting, a complex process that determines risk and sets premium rates. In the latest episode of Indico’s Unstructured Unlocked Podcast, special guest Alan Ringvald, Co-Founder […] Read more »
Insurance Claims Insurance Underwriting Intelligent Intake How to eliminate manual processes in insurance claims and underwriting September 11, 2023 by jeremystinson There’s a problem plaguing the insurance industry, and it’s easy to understand: it’s too dependent on manual processes and needs a heavy dose of automatic data submission. Whether it’s first notice of loss (FNOL) documents for claims or broker submissions for underwriting, the industry is rife with documents that traditionally require a hands-on approach to […] Read more »
Artificial Intelligence Insurance Intelligent Intake Unveiling the future of insurance with Generative AI: Insights from Everest Group September 6, 2023 by jeremystinson Watch Christopher M. Wells, Ph. D., Indico VP of Research and Development, and Michelle Gouveia, VP at Sandbox Insurtech Ventures, in episode 27 of Unstructured Unlocked with Abhi Kothari, Practice Director at Everest Group. Listen to the full podcast here: Unstructured Unlocked episode 27 with Abhi Kothari, Practice Director at Everest Group In a […] Read more »
