Claims Technology

Increasingly, technology is improving how insurance claims are processed and adjudicated.

As technology changes customer expectations, insurers are finding it saves time and money while improving their processes.

Cyber risks are expected to increase in 2020.

By incorporating AI into their operations, insurers are investing in ways to automate claims operations without sacrificing accuracy.

As carriers continue to invest in digital experiences, data analysis capabilities and technology ecosystems, the claims process will become more automated and pattern-driven.

Many claims folks have been stuck between the rocks and hard places of regulatory constraints, compliance, and more...until now.

A segment of InsurTech, Risktech is a new brand of technology solutions that can help risk professionals manage risk.

Back in 2010, drones and AI were hard to imagine. Now they're essential to insurance. Expect even more tech enhancements going forward.