Post-Pandemic Evolution of Payments By Julie Schieni In 2019, 52% of insurance payments were made by check versus 22% across other sectors, signifying the need for an overhaul by insurers.
Innovation in Fraud-Detection Systems By Ivan Heard With increasing automation, humans have far less time to review for fraud in claims and underwriting -- but technology is leaping ahead.
Why Cloud Platforms Are Critical By Simon Pickersgill Growth-minded insurers should consider why motivated companies like Netflix chose cloud migration over a decade ago
A Better Way to Manage COIs By Martin Mick Document management software solutions can help tame the blooming, buzzing document jungle in which many risk managers find themselves.
The Evolution of Frictionless Payments By Ed Whitehead The buying process needs to be easier for both the customer and the seller, to avoid all those abandoned shopping carts.
Digital Is the Assistant We Always Wanted By Troy Korsgaden So why do many companies and advisers in our industry resist digital advances like customer self-service and apps?
The Importance of Captive Insurance By Jason Mandel Policies that insure a person in spite of the absence of bodily harm, that exist because of the threat of reputational harm—these policies are hard to find.
Benefits of Deploying a Hybrid Cloud By Gary Kay Hybrid cloud models smooth digital transitions because they can easily operate their existing on-premise infrastructure during the shift.
The Experience/Efficiency Paradox By Rory Yates Insurers must move from the manufacturing era (efficiency through administrative scale) to the ecosystem era (maximizing the value of a relationship).
Changing Expectations on Mobile Payments By Julie Schieni 41% of millennials with insurance purchased it with their mobile device, and other generations are moving in that direction, too.
Are We Losing Our Negotiating Power? By Taylor Smith John Burge The plaintiff bar has investigated a staggering amount of money to improve its data on claims settlements. Insurance industry lawyers are way behind..
Continuous Improvement Comes to Insurance By Tom Bobrowski Process intelligence tools let operations leaders “see” digital products being built, enabling use of statistical process control techniques.