Series Summary Insurance executives should be asking a lot of questions right now. They should wonder why their outside law firms haven’t adopted available technology that could eliminate expenses for routine legal work. They should ask their law firms why, …
Series Summary Insurance executives should be asking a lot of questions right now. They should wonder why their outside law firms haven’t adopted available technology that could eliminate exorbitant expenses for routine legal work. They should ask their outside law …
The ability to report claims via mobile devices and streamlining the payment process are among the advances in technology that have helped reduce the cycle time for auto damage claims, according to industry experts. In addition, technology has helped with …
Series Summary Insurance executives should be asking a lot of questions right now. They should wonder why their outside law firms haven’t adopted available technology that could eliminate expenses for routine legal work. They should ask their law firms why, …
Zurich North America, a property/casualty insurance provider, appointed Peter Hahn as head of Predictive Analytics. Having assumed his new role in March, Hahn is responsible for building best-in-class analytic capabilities that will generate actionable distinctive risk insights to improve business …
It’s easy to identify some claims – like spinal injuries — that are going to carry high costs. What’s hard is proactively identifying far more subtle clues that a claim will incur high costs or have a long duration. What …
Today’s claims executives face tremendous financial pressures and must make better use of information and automation to respond faster and more effectively to an ever changing landscape. Many have focused their attention on data and analytics for help with loss …
In the workers compensation space, not only have claim costs increased because of medical issues, but the landscape has also become much more complex. Along with the elevated incidence of fraud, economic fears, and a growing dependency on prescription drugs, …
In the face of continued economic, competitive and regulatory challenges, property/casualty insurers are seizing opportunities to improve underwriting discipline, drive operating efficiencies and leverage data and enhanced analytics to sustain growth and widen their performance advantage, according to EY’s 2014 …
ISO, a member of the Verisk Insurance Solutions group at Verisk Analytics, announced the launch of the new ISO Risk Analyzer Businessowners Environmental Module and the availability of the newly enhanced version of the ISO Risk Analyzer Commercial Auto Environmental …