Disruptive Trends in Claims Cycle (Part 1) By Robin Roberson Because of technology disruption, 89% of insurers expect to compete on customer experience, versus only 36% four years ago.
How AI Will Transform Insurance Claims By Blake Morgan Claims currently are touched by multiple employees. However, a new process of “touchless” claims doesn’t require any human intervention.
Auto Claims: Future May Belong to Bots By Ernie Bray By 2020, chatbots will power 85% of all customer service interactions. Why? Speed, convenience and user-friendliness.
Insurtech: Can It Help Claims Experience? By Stephen Applebaum Finding the balance between efficiency and the human touch in the claim process will separate tomorrow’s leading brands from their competitors.
Most Controversial Claims Innovation By Duncan Minty The innovation -- claims optimization -- requires quite a number of radical assumptions about what insurance is there to do and how it should do it.
'Digital' Needs a Personal Touch By Stephen Applebaum What is at risk of being overlooked in the rush to a streamlined claim process are the individuals who at critical times need a personal touch.
A Blueprint for Casualty 2.0 By Jim Kaiser Casualty organizations operate without effective reporting and measurement, with aging and disjointed technology. It's time for a new approach.
A New Paradigm for Auto Claims By Stephen Applebaum The missing piece has been what happens immediately after an accident occurs and before your insurer starts to handle your claim.
Auto Insurance in an Existential Crisis By Stephen Applebaum Alan Demers The 125-year-old, $300 billion U.S. auto insurance industry is caught between runaway inflation and strained consumer wallets.
The Promise of Continuous Underwriting By Bill Deemer Bobby Touran Typically, a risk is underwritten, bound... and forgotten. But new streams of data and automation allow for continuous underwriting.
Convergence and the Insurance Ecosystem By Stephen Applebaum Alan Demers Companies must anticipate the future, innovate beyond their core and transform their capabilities as rapidly as technology allows.
Lemonade's 'Synthetic Agent' Nonsense By Matteo Carbone Desperate for growth, Lemonade produces another howler: A lender receiving a 16% interest rate is presented as a (synthetic) agent.