Recent findings from an Airmic survey have highlighted a disturbing trend: organizations are significantly behind in managing AI-related risks. Shockingly, up to half of all companies have not conducted essential assessments for their AI systems. This oversight suggests a gaping hole in corporate
The insurance sector is undergoing transformative changes with Claims Management 2.0. Integrating advanced technologies, it's moving from a transactional to a transformational approach in claims processing. Traditional inefficiencies and poor customer service are being countered by a model that
The insurance realm is on the cusp of a major shift, particularly in financial operations (FinOps). With the recent alliance between Nirvana Insurance and Ascend, there's anticipation of considerable changes in the way commercial fleet insurance handles its finances. This collaboration aims to
Within the insurance sector, infamous for its slow and complex claims processing, a Nordic company has charted a new course by integrating Artificial Intelligence (AI). This digital transformation is dismantling the former inefficiency synonymous with insurance claims, to the relief of customers.
Vermont is currently addressing the effects of a critical cyberattack targeting its Medicaid prescription claims system, which is administrated by Change Healthcare. On February 23, the breach occurred, affecting pharmacies and healthcare professionals and complicating prescription management for
The insurance sector is currently experiencing a transformative phase, chiefly propelled by the advent of Artificial Intelligence (AI). This technological shift is most prominent in the realm of the customer lifecycle, which is an area that greatly benefits from the integration of AI and machine
