The TPA will use SpearClaims for its technology platform, to streamline workflow, drive continual cost savings, and facilitate optimal claims outcomes.
The professional liability carrier seeks to eliminate a wide range of manual processes and simplify internal and third-party IT applications and systems.
Formed as an independent entity by Brisbane-based A&G, Pet Health Insurance Services is challenging a monopolized market using Aquarium’s pet-insurance-in-a-box hosted solution.
The insurer will launch policyholder and agent portals along with policy, billing, and claims modules to enable digital capabilities and increase efficiency.
Insurity’s Digital Claims Payments solution lets P&C insurers cut implementation costs, provide instant service to policyholders, and win in a competitive digital marketplace.
By inserting Tractable’s AI into the process, the vendor says GEICO will be able to accurately review estimates within seconds while also reducing administrative overhead.
Implementation of Majesco L&A and Group Core Suite on Majesco CloudInsurer will provide next generation core platform, differentiate admin capabilities, and deliver speed to market for new products.
Visual Intelligence technology and advanced computer vision algorithms let insurers identify causes of property claims at an earlier stage, reducing resources and time spent.
People are wired to gravitate toward ease of use, and fully connected partner ecosystems are a way insurers can deliver it.
Though still in its infancy in insurance, blockchain is poised to transform the industry.