As the number of claims filed reaches critical mass for a shrinking claims-handling workforce, insurers are turning to technology to streamline processes and optimize the entire claims management cycle.
As insurance fraud becomes more pervasive and sophisticated, insurers look to AI technology and comprehensive training to mitigate the financial impact of fraudulent claims.
Severe weather events are forcing an unprecedented shift in the insurance industry, as the instances of extreme events like, severe convective storms, hurricanes and wildfires gain in frequency and severity.