Insurance CIO Outlook’s Post

In 2024, we recognise that claims handlers encounter numerous challenges and pressures. The rising intricacy of insurance claims, alongside fluctuating workloads and the expectation for swift responses, presents formidable demands. Download our mini-guide to discover exactly how our product works and and some of the benefits it offers, including: - 90% of claims documents fully automated - 50% of claims settled in seconds - 98% accuracy #ClaimsHandler #Insurance #Automation #StreamlinedProcess

Insurance companies of all sizes print and mail items such as bills and statements, policy updates, cancellation notices, explanations of benefits, certified letters and more on a consistent and routine basis. Despite your best efforts to deliver timely messages to customers through traditional print and mail means, what happens when things don’t go as planned? Find out how a blended digitalization strategy—using print and mail in conjunction with a digital solution—can allow your company to keep customer communications on track https://bit.ly/4aj5jBV #Insurance #InsuranceTechnology #InsuranceTech

Has your organization been struggling with loss runs? Our new loss run extraction technology streamlines the process and provides seamless, accurate results within minutes. All formats. >95% accuracy. Low touch. Schedule your demo today to learn more! https://lnkd.in/gUifBzPd #lossrun #automation #insurance #underwriting

Folks, have you seen the demo yet? It's unbelievable (unless you see it!!) The only solution that can extract loss information from any career, any format at very high accuracy. Drop a note to Cara Carlone, CPCU, API, AINS for a run through.

Want to learn how to transform your #insurance operations for the better? Our experts Scott Kurland, Lou Bachenheimer and Rob Paisley will give you their insights on the value of #intelligentautomation at our webinar on May 15. Register now: https://okt.to/lKYQbE #investmentoperations #investmentmanagement

Staying ahead in the insurance industry needs cutting-edge technology and data-driven insights. We've put together a guide to show how you can streamline processes and reduce costs ⬇️https://hubs.la/Q02frtJY0 #GeospatialData #InsuranceBroker #InsuranceUnderwriter

Insurance brokers often spend significant time explaining the details of various insurance products to clients. Technology can simplify explaining insurance products through visual aids, self-service, and simulations. This will save time, improve client understanding, and improve client relationships. Contact us today for help automating this process. #insurtech #digitalInnovation #insuranceBroking #fluidtasks

Can you predict the future of insurance CX? Traditionally slow to innovate, the sector faces rapid changes driven by new technologies, emerging risks, and evolving customer expectations. The transformation in 2024 and beyond promises to revolutionize advising, purchasing, underwriting, claims processing, and policy management, offering opportunities to enhance efficiency, reduce costs, and drive sales. In a swiftly changing landscape, a customer-first focus is the compass to navigate the future of insurance. #Insurance #PatientCare #DigitalTransformation https://hubs.la/Q02kbLx_0

Patient experience is evolving quickly- who's helping you find out where your opportunities are, and can they help you deliver a stronger experience? How does VOC feedback work with your AI deployment? Book an appointment with me and let's get this journey started!

Why automate insurance claims processing? Benefits to insurance and policy management include: * Improved efficiency: automation can significantly reduce the time required to process policies and manage claims, allowing companies to serve more customers in less time. * Error reduction: by automating processes, companies minimize human errors, which improves accuracy and reduces the risk of legal and compliance issues. * Improved CSAT: by speeding up service processes, companies can improve customer experience by offering policy holders automated, self-service experiences. * Better fraud detection: communications automation with GenAI can effectively identify and flag potentially fraudulent claims, enabling insurers to minimize losses caused by fraud. Find out more in IntelePeer’s blog.