Addenda’s Post

Claims processing is the most important part of any insurance business. So is speed and accuracy 📈 Any slowdown is a waste of time and results in poor customer experience - And errors in the payout are a waste of money. That makes the stakes pretty high, right? Consider how much higher they get when you factor in customer perception as well ⬇️ 🛑94% of surveyed insurance customers said speed and transparency are key expectations of the claims process. 🛑83% of surveyed unsatisfied customers said they had already switched or are planning to switch to a new insurer. So how do you ensure speed and accuracy remain a priority in your claims process? The answer lies with an automated solution that uses a combination of AI and human expertise to process data quickly, while also maintaining accuracy. So if you’re not currently automating your claims processes… Isn’t it time that you did?

Technology is transforming the insurance industry and raising customer expectations. Tune into the webinar 'Capturing the life-long insurance customer' on-demand to learn how you can harness the power of innovation to deliver for your customers. Watch now >> https://shorturl.at/BDFK7 #insurance #webinar #customer #cx #innovation #ai #technology

Unlock the power of #customerdata & transform your insurance purchasing journey. Boost loyalty, mitigate risk, & deliver value-driven experiences in P&C insurance. Anand Rajaraman shares his insights on building stronger customer relationships by leveraging customer data Read the blog: [https://lnkd.in/g3iyT6ra] #insurance #dataanalytics #insurtech #riskmanagement #customerjourney #OwlSurance #CIO #Data #AI

New-age technologies such as Artificial Intelligence and Automation have transformed claims processing. By leveraging these innovations, insurers can fast-track settlements, improve accuracy, reduce fraud, and enhance the customer experience. To know more about the pivotal role of these technologies in revolutionizing claims management. Read the blog here 👉 https://lnkd.in/ghjVpFVw #insurancetech #insurancetechnology #insurancesoftware #insurancesolutions #insurancebusiness #insuranceclaims #claimsmanagement #claimsmanagementsoftware

It is is a good idea to have coverages - covered and excluded for each business. But, it is not simple tasks. Need an organization like NCCI/ISO(Verisk) need to invest fund to resolve the coverage issue and how AI can resolve the missing coverages, then share with Agencies and Insurance Companies to include.

Technology is transforming the insurance industry and raising customer expectations. Tune into the webinar 'Capturing the life-long insurance customer' on-demand to learn how you can harness the power of innovation to deliver for your customers. Watch now >> https://shorturl.at/BDFK7 #insurance #webinar #customer #cx #innovation #ai #technology

🤖 How is GenAI changing the game for P&C #insurance? With capabilities to speed up claim resolutions and improve customer service, this technology is setting a new standard in the industry. Click below to read more and contact me today to discuss how #GenAI can optimize operations and reduce costs in your business. #propertyandcasualty

Can Digital Transformation Reshape the Future of Insurance? Question: How is digital transformation revolutionizing the insurance industry? Answer: Digital transformation is reshaping the insurance industry by streamlining processes from policy issuance to claims management. With advancements in AI, big data, and automation, insurers can now offer personalized policies, faster claims processing, and enhanced customer experiences. This transformation not only improves efficiency but also helps in creating more transparent and customer-centric insurance services. How has digital transformation impacted your experience with insurance? 👉 Like if you’re excited about the future of digital insurance! 👉 Share to spread the knowledge! 👉 Comment with your experiences! #MDMarketInsights #businessanalysis #capitalmarkets #financeindustry #financialservices #investmentanalysis #TradeFloor #dataanalytics #riskmanagement #tradingstrategies #marketresearch #investmentmanagement #assetmanagement #fintech #regulatorycompliance #portfoliomanagement #derivatives #marketanalysis #financialtechnology #quantitativeanalysis #investmentstrategy #businessintelligence #financialinnovation #economicanalysis #hedgefunds #privateequity #TradingSystems #datascience #riskanalysis #financialdata

We’re Going Live in 1 Hour 📣 Join us for our upcoming webinar: "Transforming 24/7 Customer Service in Property & Casualty Insurance: A Journey with Primo Insurance". There’s still time to join this insightful learning session, designed for technology and customer experience professionals in the insurance and financial services sectors. Discover how AI is revolutionizing customer service, from the first interaction to claim resolution. 📅 Today at 11 AM ET 👉 Join us here: https://lnkd.in/gxdiGN68 Don’t miss out—see you soon. Jordan Bostick 🦾 Erick Waggoner #AI #CustomerExperience #DigitalTransformation #DigitalInsurance #PropertyCasualty #FinancialServices #Insurance #WebinarSeries #InsurTech #EnterpriseInnovation #GenerativeAI #GenAI #EnterpriseAI

Starting in 30 minutes!