Collisions with insurance company legacy systems is just one reason why the use of artificial intelligence in property underwriting has not advanced as far as some would like.
Over one million workers’ comp claims were auto-coded using AI, creating a new source of injury intelligence intended to target the causes of work injuries.
Technology changes the game by easing the burden of record keeping and tilting the workers’ compensation case management field toward true injured worker advocacy.
As risk manager for a major entertainment company, Brad Waldron says collaboration with outside parties is key to staying successful amid evolving consumer preferences.
A new LexisNexis Risk Solutions report explains how small commercial business insurance carriers can turn their top challenges into competitive advantages.
With today’s digital landscape, customers have higher expectations for a more streamlined quote experience, which means fast, convenient transactions that are automated and digitally interactive.
As companies across all sectors evolve into digital enterprises, there is an increasing need to value a company’s data as a tangible asset on the balance sheet.
While autonomous vehicles promise enhancements in safety and consumer mobility, they also bring new risks. To meet them, we must transform the auto insurance industry and the way those risks will be covered.
Claims handling is a constant source of friction between insurers and their insureds. Will new communication tools and big data be able to sort this old problem out?