The claims industry has experienced remarkable advancements over recent years, largely fueled by significant investments in both people and technology. Modernization efforts such as upgrading legacy systems, digitizing workflows, and enhancing career development opportunities have spurred forward
In a rapidly evolving healthcare landscape, the need for more efficient and accurate claims processing has never been more critical. Rising operational costs, coupled with increasing expectations from both members and providers, have posed significant challenges for insurance companies striving to
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 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,
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
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
