Handling Claims with Ease: 7 Breakthrough Benefits of Claims Management Software
5 MIN. READ Many industries have leveraged technology to improve efficiency—and, therefore, their bottom lines—yet claims operations seem stuck in the slow lane. Automated claims management software changes that. The key to improving efficiency is streamlining workflows. Well-crafted workflows transform the entire claims operation. With claims automation, every facet of the operation can reap the …
Choosing the Right Partner: A Guide to Evaluating Insurance Claims Software Vendors
5 MIN. READ Technology is driving a massive transformation in the insurance sector. Amidst these technological advancements, claims management software stands out as a critical tool for insurance companies looking to increase operational efficiency, improve service quality, and gain that competitive edge. However, picking the right insurance claims software vendor can be challenging. Depending on …
The Strategic Advantages of Modern Claims Solutions Over Legacy Technology
4 MIN. READ In the evolving insurance landscape, technology is driving significant changes. The digital revolution aims at efficiency, customer-centricity, and data-driven decisions. The impact has already been sweeping, and insurance companies that plan to continue using outdated legacy systems stand to be left behind. This article delves into technology’s profound impact on insurance and …
Navigating Insurance Operations with the Power of Straight Through Processing
5 MIN. READ Straight-through processing, or STP, is revolutionizing the way businesses operate. It’s an ingenious automation tool that transforms sluggish and error-prone manual tasks into swift, flawless, and highly efficient automated workflows. This remarkable concept was pioneered by James Karat in the 1990s, initially to enhance equities trading. Since then, STP has evolved, finding …
Revolutionizing Claims Handling Communication with AI
Overcoming Communication Challenges in Claims Handling Effective communication stands as a cornerstone for success in the dynamic realm of claims handling. Navigating interactions with policyholders, claimants, and service providers demands seamless, personalized communication. Yet, the industry has long grappled with communication breakdowns, leading to bottlenecks, inaccuracies, and customer discontent. Unmasking the Pain Point: A Lack …
New Whitepaper: How to Make the Most of Claims Automation
Automation is increasingly both a necessity and an opportunity for claims organizations. To learn how to make the most of it, check out our new guide.
4 Key Insurance Claims Trends Revealed in the 2023 State of Claims Intelligence Report
Check out the key findings from our recent survey for insight into how insurance companies manage claims, how they use tech, their future plans, and more.
What All Claims Organizations Need to Understand About APIs
APIs are an essential component of modern software development, and they can especially help claims departments optimize their performance. Here’s why.
How Today’s Claims Departments Can Deliver Loyalty-Boosting Customer Experiences
Discover out how insurers can provide a more positive claims experience to their customers using technology and data-driven insights.
How to Use Data Analytics to Optimize the Claims Process
Data analytics holds the key to a more efficient insurance claims process. Discover how to harness the power of data to improve efficiency, accuracy, and customer service.
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