Nearmap’s AI-powered models approved in 27 markets
Insurers can leverage the predictive scores to help price risk.
“Claims has always been at the end of the line when it comes to spending because for years, the more compelling places to invest were producer portals, new business functionality in policy administration systems, or other sales-focused systems,” says Donald Light, director of Celent’s Americas Property/Casualty practice. “The challenge for claims has been to articulate the business value created by claims projects and to get closer to its fair share of IT investment resources.”
Those drivers include better decision-making, reduced claims leakage through faster settlement, intelligent claims assignment, and other advantages gained through modern claims systems that impact the bottom line. They also include objectives that target top-line growth, such as improved customer service that leads to increased retention and new sales.
Already have an account? Sign In Now
NOT FOR REPRINT
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Insurers can leverage the predictive scores to help price risk.
New technology juggles storm water risk, urbanization and climate change.
It’s important to resist trying too hard and sending the wrong message.
White Paper
Sponsored by Vortex Weather Insurance
Parametric Hurricane Insurance: A Strategic Solution for Agents and Brokers
Hurricane-related financial risks can leave businesses vulnerable due to gaps found in traditional insurance policies. Parametric hurricane insurance provides a proactive solution for your clients to recover from hurricane-related financial losses quickly. Learn how this innovative coverage model offers transparent payouts based on measurable storm conditions--helping your clients bridge critical financial gaps when they need it most.
White Paper
Sponsored by Vortex Weather Insurance
Hourly Rain Insurance: A Strategic Solution for Agents and Brokers
Rain-related business disruptions can be costly for your clients. Parametric hourly rain insurance offers a proactive approach to mitigate financial losses from weather conditions. This data-driven solution delivers fast, automated payouts when rainfall thresholds are met, ensuring your clients are protected when they need it most.
Copyright © 2025 ALM Global, LLC. All Rights Reserved.