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Here are some of the use cases for machine learning in claims as well as the challenges limiting adoption.
Insurers can help insureds return to work quickly and reduce financial losses by using these methods to manage business interruption claims.
Insurance customers now expect digital technologies to be universally available.
Commercial insurers recognize the potential of digitizing assets and the customer experience. Here are the transformative projects underway.
AI is expected to mature further this year. With these formulas, insurance carriers can strategically leverage it for the most impact.
Look for a 'partner, not build' mentality when it comes to creating new technology solutions in the insurance space.
Protecting policyholders and meeting their service expectations will require updating the payment process for claims.
Insurance providers may be losing funds during the claims process as a result of out-dated legacy platforms.
The decision to not to send officers to noninjury accidents could open the door for fraudulent auto and bodily injury claims.
Changing customer expectations highlight the need for insurers to be agile in adapting and implementing new technology.
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