Artificial Intelligence Data Analytics Insurance Insurance Claims Insurance Underwriting Intelligent Document Processing Machine Learning Increase speed and accuracy in policy issuance for stronger business results October 24, 2024 by adamdev Policy issuance is one of the most important functions of an insurerāand itās key to be able to do it quickly and accurately. This process involves creating and delivering policies to customers, and if your insurance company canāt do that efficiently, it may delay onboarding, frustrate new clients, and ultimately hurt your company’s bottom line. […] Read more Ā»
Artificial Intelligence Data Analytics Data Science Digital Transformation Insurance Insurance Claims Insurance Underwriting Intelligent Intake Achieve compliance and gain competitive advantage with AI October 22, 2024 by adamdev The insurance industry is highly regulated, and staying compliant is not just a legal necessityāitās also a strategic advantage. Compliance goes beyond ticking boxes; itās about safeguarding customer data, adhering to best practices, and ensuring that every decision made by an insurer is transparent and traceable. Failing to comply can result in costly fines, loss […] Read more Ā»
Artificial Intelligence Data Science Digital Transformation Insurance Insurance Claims Insurance Underwriting Intelligent Document Processing Intelligent Intake Unstructured Unlocked Top insights from Unstructured Unlocked: The best of 2024 in AI and insurance October 4, 2024 by adamdev The first half of 2024 has been an incredible journey for Unstructured Unlocked, with over 50 top-ranking episodes featuring thought leaders from across the insurance and AI sectors. We’ve had the privilege of speaking with experts like Henry Gale, Research and Insights Manager at InsTech; and Mandy Hunt, former Chief Underwriting Officer at RSA, who […] Read more Ā»
Artificial Intelligence Customer Experience Data Analytics Data Science Digital Transformation Insurance Insurance Claims Insurance Underwriting Intelligent Intake Intelligent Process Automation Machine Learning Turn data into actionable insights for smarter business decisions October 1, 2024 by adamdev From customer interactions and operational metrics to financial reports and market trends, companies are swimming in a sea of data. However, raw data alone isnāt enough to make decisions with. The real value of data lies in how itās processed and turned into actionable insights that can drive smarter, more strategic business decisions. Enter automationāa […] Read more Ā»
Artificial Intelligence Customer Experience Data Analytics Digital Transformation Insurance Insurance Claims Insurance Underwriting Intelligent Document Processing Deliver personalization at scale to improve customer retention and satisfaction September 26, 2024 by adamdev In an increasingly competitive insurance industry, customer retention and satisfaction are critical to long-term success. Customers today expect personalized experiences that reflect their individual needs and preferences. Meeting these expectations, however, is a daunting task when operating at scale. This is where AI becomes a game-changer. By automating key aspects of the customer journey, insurers […] Read more Ā»
Artificial Intelligence Data Analytics Digital Transformation Insurance Insurance Claims Insurance Underwriting Intelligent Document Processing Policy Automation Enhance the policyholder journey for better decisions at every stage September 25, 2024 by adamdev These days, insurance policyholders expect smooth, efficient interactions at every stage of the processāfrom purchasing coverage to filing claims. For insurers, meeting these expectations means more than just providing a user-friendly experience. Itās about making data-driven, agile decisions that foster trust, build stronger relationships, and ultimately drive better business outcomes. This is where enterprise AI […] Read more Ā»
Artificial Intelligence Insurance Insurance Claims Insurance Underwriting Intelligent Document Processing Intelligent Intake Boost fraud detection and protect profitability with automation September 17, 2024 by adamdev Fraud remains one of the top challenges that companies face in todayās insurance industry. From false claims to misrepresented policy details, fraudulent activity costs the sector billions of dollars annually. As insurers strive to protect profitability and maintain customer trust, combating fraud is a top priority. One of the major keys to improving fraud detection […] Read more Ā»
Artificial Intelligence Data Analytics Insurance Insurance Claims Insurance Underwriting Intelligent Document Processing Intelligent Intake Reduce claims cycle time and improve business outcomes with automation September 10, 2024 by adamdev In the insurance industry, the ability to process claims quickly and accurately is essential for satisfying customer needs and meeting your company’s bottom line. The traditional claims management process, which often involves manual work at several steps, can be slow, inefficient, and prone to errors. However, the integration of automation technologies is changing the status […] Read more Ā»
Artificial Intelligence Data Analytics Insurance Insurance Claims Insurance Underwriting Intelligent Document Processing Enhancing carrier decisioning through collaborative ecosystems: an Indico webinar recap September 3, 2024 by adamdev Traditional approaches to insurance are no longer enough to navigate the complexities of our industry. Insurance companies must have a keen understanding of emerging technologies and a willingness to innovate effectively. This was the focus of a recent webinar hosted by Indico, where industry leaders shared their insights on how AI, data analytics, and strategic […] Read more Ā»
Artificial Intelligence Insurance Insurance Claims Insurance Underwriting Intelligent Document Processing Intelligent Intake Streamlining data collection for underwriting with intelligent document processing August 29, 2024 by adamdev Efficient data collection and analysis are incredibly important aspects of effective underwriting. Insurance companies rely heavily on accurate, timely data to assess risks, set premiums, and make informed decisions. However, traditional methods of data collection are often labor-intensive, prone to error, and time-consuming, which can lead to delays and inaccuracies in the underwriting process. Thatās […] Read more Ā»
