How InsurTech improves the claims process. By combining technologies such as artificial intelligence and machine learning with advanced analytics, carriers can reimagine the claims quality audit process. (Photo: Shutterstock)

If insurance coverages were umbrellas, they would remain furled in closets until a claim was filed. While their availability for use would be reassuring to all members of the household, they would sit idly while waiting to spring into action.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2024 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.