As smart home technologies advance, they're significantly altering both our daily lives and the home insurance industry. The real-time risk mitigation and detailed analytics offered by smart devices are not lost on insurers, who now use this data to prevent disasters and streamline claims
The U.S. Department of Health and Human Services is actively addressing a major cyberattack on Change Healthcare, a key player in the health sector and part of UnitedHealth Group. This breach has significantly shaken the American healthcare system, highlighting the crucial role of cyber defenses in
The insurance sector, traditionally prudent and dependent on tried-and-true methods, is facing a pivotal shift. Robotic Process Automation (RPA) has emerged as a catalyst for rethinking how things are done, standing out in a digital landscape where innovation is constant. RPA is rapidly becoming
The auto insurance sector is undergoing a dynamic transformation, propelled by the advancements in artificial intelligence (AI). Insurance companies are utilizing powerful AI algorithms to decode intricate driving behavior patterns, a task beyond the scope of traditional methodologies. This
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
