Fraud is a growing concern across various industries, particularly in sectors like financial services and healthcare that are highly vulnerable. Traditional methods of fraud detection, such as rules-based systems and manual reviews, are increasingly proving inadequate in the face of sophisticated
In today's fluctuating financial landscape, Property and Casualty (P&C) insurers are facing a mixed bag of opportunities and challenges due to higher investment yields driven by strategic asset management and recent rate hikes by the US Federal Reserve. Despite interest rate fluctuations,
In an era where natural and man-made catastrophes pose increasing threats, the appointment of Rebecca Morris as Vice President of Customer Success at EigenRisk, Inc. is a strategic move aimed at bolstering customer engagement and optimizing the use of technology for risk management. With a focus on
A new bill proposing amnesty for hospitals facing denied reimbursement claims from the Philippine Health Insurance Corp. (PhilHealth) has been introduced at the House of Representatives. The bill, House Bill No. 11298, seeks to alleviate the legal and financial burden on healthcare institutions
The insurtech industry is drastically transforming the massive $7 trillion insurance domain through the integration of cutting-edge technologies like artificial intelligence (AI), machine learning (ML), and the Internet of Things (IoT). These advancements are driving innovative solutions and
The world of wearable electronics is undergoing a remarkable transformation, moving from the early days of bulky smartwatches and fitness trackers to a future where technology is seamlessly integrated into our daily lives. These "invisible wearables" are designed to be felt rather than
When an injury occurs in the workplace, an organization’s response shapes the recovery journey for the injured worker and the effectiveness of the entire workers’ compensation program. This roadmap provides actionable steps to manage the claims process with empathy, efficiency, and clarity. By pri
The increasing use of the Racketeer Influenced and Corrupt Organizations Act (RICO) in personal injury law marks a significant evolution in fraud prevention and legal strategies in the industry. Originally enacted in 1970 to combat organized crime, RICO statutes have broadened their reach over time
Wearable technology is on the brink of a significant transformation, driven by advancements in sensor technologies. By 2025, wearables are expected to offer a wide range of functionalities, far beyond simple tracking and basic monitoring tasks. This article explores the future of wearable
Samsung Electronics showcased its new vision for the smart home at CES 2025 in Las Vegas through the introduction of Home AI, an array of highly personalized AI solutions that provide tailored services for home living. Samsung Newsroom had the chance to experience these transformative innovations
