Search Results for: claims cost

CLARA Analytics Optics Empowers Claims Managers With Intelligent Alerts and Analytics
Analytics Artificial Intelligence News

CLARA Analytics Optics Empowers Claims Managers With Intelligent Alerts and Analytics

Fintech News Desk
by Fintech News Desk0
CLARA Analytics, the leading provider of artificial intelligence (AI) technology in the commercial insurance industry, announced the release of CLARA Optics, which uses AI and machine learning to scan, sort and analyze bills and medical documents to create a claim-based medical record. CLARA Optics not only lowers claims operating expenses......
Talisman Casualty Insurance Company Provides Claims & Suit Management Services
InsurTech News

Talisman Casualty Insurance Company Provides Claims & Suit Management Services

Fintech News Desk
by Fintech News Desk0
NV-based Talisman Casualty Insurance Company is encouraging the business community to consider using their proprietary claims and diligent management services to further their goals. The company specializes in utilizing cell captive insurance to help certain types of businesses get off the ground and manage risks that other insurers may not be willing......
Litigation Is Driving Up U.S. Commercial Auto Insurance Costs, Study Finds
InsurTech News

Litigation Is Driving Up U.S. Commercial Auto Insurance Costs, Study Finds

Fintech News Desk
by Fintech News Desk0
Social inflation—the impact of rising litigation on insurers’ costs—increased claim payouts for commercial auto insurance liability alone by over $20 billion between 2010 and 2019, according to a new paper by Insurance Information Institute (Triple-I), in partnership with the Casualty Actuarial Society (CAS). Latest Fintech Insights: Allumia Closes Series A2 Financing To Advance Energy Efficiency-as-a-Service Technology Platform The......
Genpact Partners with Claim Genius to Future Proof Claims Management for P&C Insurers
InsurTech News

Genpact Partners with Claim Genius to Future Proof Claims Management for P&C Insurers

Fintech News Desk
by Fintech News Desk0
Partnership leverages AI, Data and Analytics to create a seamless ecosystem that makes the promise of touchless claims a reality Genpact, a global professional services firm focused on delivering digital transformation, announced its Claims Manager platform is now integrated with Claim Genius, the insurance industry’s full-service, AI-based claims solution for auto insurance,......
CLARA Analytics Launches AI Initiative For Claims Management With Nationwide
Analytics Artificial Intelligence News

CLARA Analytics Takes On Escalating Commercial Auto Claims With Its AI-Driven Litigation Avoidance Engine

Fintech News Desk
by Fintech News Desk0
As commercial auto losses continue to climb, CLARA Analytics (“CLARA”), the leading provider of artificial intelligence (AI) technology in the commercial insurance industry, releases its latest Litigation for Commercial Auto, empowering insurers to evaluate litigation risk, identify the best attorneys for each claim, resolve claims quickly, and control escalating costs. Latest Fintech Insights: Cadence......
Omdia Releases the Enhanced All-Optical Metro Network White Paper, Illustrating How All-Optical Metro Target Network Helps Operators Reduce Costs and Increase Revenues
Fintech News

Omdia Releases the Enhanced All-Optical Metro Network White Paper, Illustrating How All-Optical Metro Target Network Helps Operators Reduce Costs and Increase Revenues

Fintech News Desk
by Fintech News Desk0
Omdia and Huawei jointly released The Enhanced All-Optical Metro Network (the white paper for short). The white paper defines an all-optical metro target network as featuring simplified, deterministic, scalable, intelligent, and always-on attributes. According to the white paper, such a network can meet clients’ increasing requirements for superior experience, as well as......
Exavalu and Topa Insurance Company Successfully Implement Digital Claims Payment Capabilities With One Inc and Guidewire Technology
Digital Payments InsurTech News

Exavalu and Topa Insurance Company Successfully Implement Digital Claims Payment Capabilities With One Inc and Guidewire Technology

Fintech News Desk
by Fintech News Desk0
Exavalu Inc., a leading global digital solutions and IT consulting company and Guidewire PartnerConnect Consulting Select partner, announced that they have partnered with Topa Insurance Company to successfully enable digital claims payment capabilities for the insurer. Topa Insurance Company seeks to achieve faster claims processing, improved customer experience, and lower operational costs......
Roots Automation Launches New SaaS for Injury Claims
News Robotic Process Automation

Roots Automation Launches New SaaS for Injury Claims

Fintech News Desk
by Fintech News Desk0
Roots Automation launched their new SaaS platform in early January 2022. This new InsurTech solution promises to streamline claims workflows The new SaaS by Roots Automation automates the data extraction of claims forms with an industry-leading straight-through processing rate, surpassing existing OCR solutions from other vendors. Roots Automation pulls information......
Judge Allows Victims of TelexFree Ponzi Scheme to Pursue Claims Against Big Banking
Banking News

Judge Allows Victims of TelexFree Ponzi Scheme to Pursue Claims Against Big Banking

Fintech News Desk
by Fintech News Desk0
Victims of the largest pyramid scheme in United States history received justice yesterday when a United States District Court allowed their claims against several of the largest banks in the world and other financial service providers to proceed. Robert Bonsignore, Lead Counsel for the victims, stated “The Court’s ruling allowing the victim’s claims to go......
MEMIC Selects One Inc to Digitize Workers’ Compensation Claims Payments
Banking Digital Payments News

MEMIC Selects One Inc to Digitize Workers’ Compensation Claims Payments

Fintech News Desk
by Fintech News Desk0
Maine-based workers’ compensation expert takes next step in payments processing modernization One Inc, the leading digital payments network for the insurance industry, announced that The MEMIC Group has selected One Inc’s ClaimsPay platform to transform its outbound payments process. The partnership will modernize MEMIC’s claim payments infrastructure and deliver a......
1