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How InsurTech improves the claims process. By combining technologies such as artificial intelligence and machine learning with advanced analytics, carriers can reimagine the claims quality audit process. (Photo: Shutterstock)

If insurance coverages were umbrellas, they would remain furled in closets until a claim was filed. While their availability for use would be reassuring to all members of the household, they would sit idly while waiting to spring into action.

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