AI & Automation

Rising Costs and Labor Challenges in Healthcare Claims Adjudication
AI & Automation Rising Costs and Labor Challenges in Healthcare Claims Adjudication

The cost of claims adjudication for healthcare providers has surged, creating significant financial and operational challenges. In 2023, healthcare providers spent over $25.7 billion on claims adjudication, a steep increase from 2022's $19.7 billion, according to a national survey of 280 hospitals.

LexisNexis Launches AI-Powered Flyreel for More Efficient Claims Process
AI & Automation LexisNexis Launches AI-Powered Flyreel for More Efficient Claims Process

LexisNexis Risk Solutions has introduced LexisNexis Flyreel for Claims, an innovative AI-driven property claims inspection tool aimed at transforming the claims process for U.S. home insurance carriers. This new solution is designed to enhance the efficiency and accuracy of claims management,

UpGuard Launches AI Tools for Faster Third-Party Risk Assessment
AI & Automation UpGuard Launches AI Tools for Faster Third-Party Risk Assessment

The cybersecurity landscape is witnessing a remarkable transformation, thanks to UpGuard's latest initiative aiming to expedite and enhance third-party risk assessments. New AI-powered tools, AI-Powered Security Profiles and Instant Risk Assessments, have been introduced to streamline the otherwise

Snapsheet and CrashBay Partner to Streamline Auto Claims and Repairs
AI & Automation Snapsheet and CrashBay Partner to Streamline Auto Claims and Repairs

Simon Glairy is a recognized expert in the fields of insurance and Insurtech, with a specialized focus on risk management and AI-driven risk assessment. Can you briefly introduce yourselves and give us a background on your roles at Snapsheet and CrashBay? Could you provide a quick overview of what

Is AI Transforming Customer Service CRM with Automation?
AI & Automation Is AI Transforming Customer Service CRM with Automation?

Simon Glairy is a recognized expert in the fields of insurance and Insurtech, with a specialized focus on risk management and AI-driven risk assessment. Today, he shares his insights into the evolving landscape of customer service CRM, discussing cutting-edge trends, AI advancements, and

Scope Technologies Launches AI-Enhanced Quantum Risk Assessment Tool
AI & Automation Scope Technologies Launches AI-Enhanced Quantum Risk Assessment Tool

Organizations worldwide are grappling with the daunting challenge of protecting their data and infrastructure against the looming threat of quantum computing advancements. With recent developments like Google’s Willow chip and Microsoft’s Majorana 1 processor, the possibility of practical quantum

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