Did you wait a budget-straining eternity to have a home insurance claim paid last year? Join the unhappy club. The average home insurance claim was settled in 18 days in 2021, compared to just three ...
Shamrock today announced that insurance companies are speeding processing and elevating customer satisfaction with its automated claims management solution. In the increasingly competitive insurance ...
With rising claim denial rates posing a continuous threat to the financial stability of medical practices, the need for efficient claim processing has never been more critical. According to a poll ...
Processing claims at scale presents a challenge for insurers, particularly where the claims entail factors like complex underlying health conditions. According to data from the National Association of ...
Bacancy Technology has helped BeatCare Insurance harness AI-driven automation, OCR, and cloud integration while adding to the claims management system. At Bacancy, we aim to use innovation and AI to ...
ST. PAUL, Minn.--(BUSINESS WIRE)--Patterson Dental has an alternative solution to restore insurance claims processing for Eaglesoft customers. The recent cyber incident impacting Change Healthcare ...
TROY, Mich.--(BUSINESS WIRE)--The nationwide surge in used vehicle prices has given an unexpected boost to auto insurance customers who experience a total loss—their vehicles might be worth more than ...
The system of claim 1, wherein automatically initiating the insurance claim further includes processing a first portion of the insurance claim when processing of a full claim is not available.
In the fast-changing insurance sector, data-related challenges are a major issue. A 2020 report from The CRO Forum points out that insurers face data quality challenges every day. Problems like ...