Processing claims at scale presents a challenge for insurers, particularly where the claims entail factors like complex underlying health conditions. According to data from the National Association of ...

Forbes contributors publish independent expert analyses and insights. I delve into the intricate workings of artificial intelligence. When an individual files a medical insurance claim, they expect ...

Dental claims are easier to deal with when the insurer’s process is clear from the start. With TATA AIG, policy terms are ...

“In general, conventional claims adjustment can involve paperwork processing, telephone calls, and potentially face-to-face meetings between claimant and adjuster. In addition, a significant amount of ...

(RTTNews) - Accenture (ACN) has invested, through Accenture Ventures, in Reserv, an insurance claims processing company. According to the company, the investment will also enable the two companies to ...

Bacancy Technology has helped BeatCare Insurance harness AI-driven automation, OCR, and cloud integration while adding to the claims management system. At Bacancy, we aim to use innovation and AI to ...

Markel Nederland has successfully completed a massive digital transformation, replacing its core systems in just eight months ...

With rising claim denial rates posing a continuous threat to the financial stability of medical practices, the need for efficient claim processing has never been more critical. According to a poll ...

Collaboration includes claims processing services and a co-created agentic AI-powered Third-Party Administrator solution for the P&C claims lifecycle The partnership will include an innovative, ...

Did you wait a budget-straining eternity to have a home insurance claim paid last year? Join the unhappy club. The average home insurance claim was settled in 18 days in 2021, compared to just three ...

A data-driven approach to integrating AI into the inner workings of a complex process like insurance claims can rapidly ...