The main benefit of tech, AI and automated systems is the rapid – and accurate – settlement of claims. Here’s some good news from AND-E; As it marks the first anniversary of insourcing Motor Fleet […]
The latest from the LSB who have decided to get involved in the UK Govt regulation process; The Legal Services Board (LSB) is playing a key role in the government’s newly launched AI Growth Lab, […]
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 […]
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