With technological advancement, the influence of technology across industrial sectors has grown more than you might think. Robotic Process Automation or RPA is one such promising technology that is being employed in various industries, such as insurance. It has the potential to transform business operations and has become increasingly popular in recent years. A lot of … [Read more...] about 5 Use Cases of RPA in the Insurance Industry
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How to Overcome Data Challenges While Processing Claims
Insurance claims processing is one of the core functions of any insurance business and is vital for business success and growth. That being said, claims management is a complex operation that involves volumes of data, heavy paperwork, multiple stakeholders, and significant risks. As such, modern-day insurance businesses rely heavily on data processing for efficient claims … [Read more...] about How to Overcome Data Challenges While Processing Claims
More Accurate Property Damage Estimation During Catastrophe: How AI/ML is Changing the Game
Insurance, traditionally, has been slow to adopt new technologies. However, with the application of AI/ML and Hyperautomation, the industry is now on the verge of a seismic, tech-driven shift. Infusing AI/ML, especially during critical scenarios like property damage assessment during a catastrophe, has completely revolutionized the entire process by making it faster, more … [Read more...] about More Accurate Property Damage Estimation During Catastrophe: How AI/ML is Changing the Game
Data Extraction Challenges in Insurance Regulatory Compliance
Insurance regulatory compliance involves complying with various regulations, laws, and guidelines imposed by governing bodies and authorities to protect consumers, maintain market stability, and ensure the integrity of the industry. However, the process of managing the data involved in regulatory compliance can be challenging for insurance companies. In this article, we will … [Read more...] about Data Extraction Challenges in Insurance Regulatory Compliance
Chief Data & Analytics Officers, Insurance
Join your data & analytics peers serving the Insurance industries as you discover the latest trends and challenges facing your role.' ' NEW THIS YEAR' Receive access to curated content to optimize cross-industry learnings & collaboration Solve shared problems with like-minded attendees during round table discussions, Q&As with speakers or schedule 1:1 meetings … [Read more...] about Chief Data & Analytics Officers, Insurance
