LexisNexis Risk Solutions has introduced LexisNexis Flyreel for Claims, an innovative AI-driven property claims inspection tool aimed at transforming the claims process for U.S. home insurance carriers. This new solution is designed to enhance the efficiency and accuracy of claims management,
Simon Glairy is a recognized expert in the fields of insurance and Insurtech, with a specialized focus on risk management and AI-driven risk assessment. Can you briefly introduce yourselves and give us a background on your roles at Snapsheet and CrashBay? Could you provide a quick overview of what
Sprout.ai, an innovative artificial intelligence company based in London, is transforming the insurance industry by automating the claims processing workflow. Founded in 2018, the company leverages cutting-edge AI technologies to deliver faster and more accurate claims decisions, significantly
In February 2025, UnitedHealthcare, one of the nation's leading health insurance providers, faced a substantial penalty from the North Carolina Department of Insurance following a meticulous four-year investigation. The insurer was fined $3.4 million due to alleged failures to prevent
The insurance industry, characterized by its reliance on data-driven decisions for risk assessment, premium setting, claim payouts, and customer outreach, has found a potent ally in Artificial Intelligence (AI). The pervasive use of data within the industry makes it an ideal candidate for the
The integration of advanced technologies like artificial intelligence (AI) and automation is revolutionizing the insurance industry, specifically in managing insurance claims. Insurance firms handle vast quantities of unstructured data, a significant challenge for ensuring efficient operations.
