Industry data reveals that strategic employee development and retention programs are driving measurable improvements in claims outcomes, even as labor shortages challenge the sector.
New research from Rising Medical Solutions reveals nearly half of claims professionals spend at least 30% of their time on administrative tasks, highlighting need for digital solutions.
Lex Machina analysis of 73,000+ cases shows average damage awards in 2023-2024 reached unprecedented levels, with jury verdicts nearly doubling in value since 2022.
As AI reshapes the risk landscape, insurers, tech firms, and businesses must break down data silos and collaborate to anticipate emerging threats and build safer, smarter systems.
First half of 2025 sees artificial intelligence-related filings on pace to far exceed 2024 totals, according to a report from Cornerstone Research and Stanford Law School.
Deal volume stabilizes around 750-800 transactions annually while private equity maintains dominance and buyer pool shrinks significantly, Optis Partners reports.