The world of insurance is undergoing a profound transformation, driven by the urgent need to digitize and automate claims management processes. With customer satisfaction, operational efficiency, and cost reduction at the forefront, insurers are increasingly adopting advanced technologies to stay
Automated underwriting is revolutionizing the insurance industry by leveraging advanced technologies like artificial intelligence (AI), machine learning (ML), and big data analytics. This transformation is set to streamline traditional, labor-intensive risk assessment processes, thereby offering
The insurance industry is at a pivotal moment, as a recent survey uncovers an overwhelming need for greater transparency and automation in the claims processes. The RDT Tech Poll, which surveyed insurance professionals, has revealed the extent of dissatisfaction with current claims systems. An
The Philippine Health Insurance Corporation (PhilHealth) is taking a transformative step toward modernizing its operations by integrating an AI-powered system for processing health insurance claims. This initiative aims to streamline access to healthcare services and enhance operational efficiency
The realm of auto insurance is undergoing a seismic shift as cutting-edge technology collides with traditional practices. In this evolving landscape, Roadzen Inc., a pioneer in AI-driven solutions, has forged a strategic alliance with Oriental Insurance Company Ltd. (OICL), a leading insurer in
The recently launched National Health Claim Exchange (NHCX), an innovative digital platform by the Insurance Regulatory Development Authority of India (IRDAI), is set to revolutionize the health insurance landscape. Developed in collaboration with the Ministry, the NHCX aims to address
