This new partnership aims to deliver faster settlement times on typical insurance claims. That’s surely the where the greatest value lies in AI deployment; In a move set to accelerate AI adoption in the insurance […]
Some news from Vanguard Claims Administration on payments; In 2021, Vanguard Claims Administration (VCA), a leading U.S.-based third-party administrator specializing in P&C claims management, became an early adopter of Vitesse’s FCP payment solution during Lloyd’s pilot […]
A settlement typically includes compensation for medical expenses, property damage, lost wages, and sometimes pain and suffering. However, initial offers are often lower than the actual value of your claim. How you handle this offer […]
One of the key topics at this year’s BIBA was the impact of AI on the insurance sector. From number crunching on admin and pricing, to FNOL, chatbot queries and much more, the benefits of […]
Latest update from NN Group as they settle matters on a long running dispute; NN Group announces it has agreed on a settlement with interest groups Consumentenclaim, Woekerpolis.nl, Woekerpolisproces, Wakkerpolis and Consumentenbond regarding unit-linked insurance […]
In theory, digital access for insurers law firms and representatives could speed up settlements in many claims cases. Here’s the word; Last week saw a total of over 500,000 cases accepted onto Common Platform. Numbers […]
Interesting investment from Phoenix Group, as they take a stake in Glasgow Council’s property stock; Phoenix Group has provided £210 million investment to City Property Glasgow, a wholly owned subsidiary of Glasgow City Council (“GCC”) […]
Some hard-hitting insights from Mactavish as law firms consolidate; Companies pursuing the billions of pounds of insurance claims which are contested each year are being failed by a legal industry that is conflicted and dominated […]
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