Claims Processing

Broker Neglect After Placement Erodes Client Trust
AI & Automation Broker Neglect After Placement Erodes Client Trust

A profound reevaluation of the broker-client relationship is reshaping the insurance landscape, where the greatest competitive threat is not market disruption but the simple act of a broker disappearing after a policy is placed. In the critical period between renewals, this disengagement is causing

Could One Mistake Double Your Car Insurance Costs?
Digital Insurance Could One Mistake Double Your Car Insurance Costs?

An alarming number of drivers are operating their vehicles under the mistaken belief that their insurance coverage is active, an oversight that could soon carry staggering financial consequences far beyond a simple traffic ticket. A comprehensive analysis reveals that a significant portion of

How Is RBC's AI Outsmarting Insurance Fraud?
Regulatory & Compliance How Is RBC's AI Outsmarting Insurance Fraud?

RBC Insurance's strategic deployment of Artificial Intelligence showcases a meticulously planned playbook that prioritizes tangible business value and robust governance over purely experimental technology. In a landscape where many institutions are still grappling with how to effectively integrate

AI Helps Insurers Transform Risk Into Resilience
AI & Automation AI Helps Insurers Transform Risk Into Resilience

The very foundation of the insurance industry, built to mitigate risk, is now confronting a convergence of threats that its foundational models were never engineered to handle, from increasingly frequent natural catastrophes and complex regulatory landscapes to the sophisticated rise of AI-enabled

Auto Claims Service Improves, But Price Is Still King
AI & Automation Auto Claims Service Improves, But Price Is Still King

In a striking turnaround for the auto insurance industry, customer satisfaction with the claims process has surged, indicating a successful recovery from the widespread supply chain disruptions that previously plagued vehicle repairs and replacements. A comprehensive 2026 study reveals that an

Patra AI Now Automates 85% of Commercial Insurance
Digital Insurance Patra AI Now Automates 85% of Commercial Insurance

The immense and often chaotic stream of unstructured data flowing through the commercial insurance industry has long served as a fundamental barrier to genuine operational efficiency. For decades, the process of manually checking policies, comparing quotes, and extracting critical data has consumed

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