In an ever-evolving insurance landscape characterized by increasing complexity and competition, the introduction of Novidea's updated, cloud-based platform marks a significant milestone for insurance professionals. This advanced version is poised to redefine efficiency and customer service within
The Spokane Veterans Affairs (VA) Center has made significant strides in improving its claims processing capabilities. Over the past year, the Center doubled its claims processing amounts, leading to substantial financial outcomes and enhancing support for veterans. This remarkable improvement
RateFast, a trailblazing startup in the workers' compensation claims industry, is making waves with its latest announcement of a significant expansion in its leadership team. By bringing on three distinguished executives, the company aims to further its mission of revolutionizing the workers'
The insurtech industry in Australia faces a compelling mix of challenges and opportunities, as detailed in a recent report commissioned by Insurtech Australia. Identifying significant barriers to investment, the report underscores the sector's reliance on the perseverance and resilience of its
Artificial intelligence (AI) is swiftly transforming the insurance claims processing sector, driven by the increasing need for higher accuracy, efficiency, and cost reduction in handling claims. The utilization of AI technologies such as machine learning (ML), natural language processing (NLP), and
The insurance claims handling industry is facing one of its most challenging periods ever. The combination of skyrocketing building costs, prolonged rebuilding delays, and an overwhelming surge in claims is making it nearly impossible for insurers to predict final claim costs accurately. This
