robotic process automation Archives

How Insurers Can Move Past ‘Unprecedented’: 3 Lessons Learned in 2020

"Unprecedented" is hands-down the word of 2020. It has been used to describe everything that's occurred during the pandemic from Supreme Court nominees to infection rates, lock downs, social ...

P/C Tech Trends to Watch: CB Insights NExTT Framework

What's NExTT? It's a question that CB Insights analysts asked—and answered—in a recent report about trends in property/casualty insurance technology, finding that eight of the 17 emerging ...

Insurers Will Drastically Boost Spending on Robotic Process Automation: Study

Insurers are expected to drastically boost their spending on robotic process automation over the next five years as they seek to spur revenue growth by cutting costs, according to a new study from ...

WorkFusion Raises $50M; Process Automation Software Can Modernize Insurance Claims

Process automation software company WorkFusion raised a $50 million financing to help expand its global operations. WorkFusion's technology automates high-volume processes by combining artificial ...

Why Should RPA Matter to Insurers? Kryon CEO Tayeb Explains

Kryon Systems CEO Harel Tayeb operates in a technology space that he asserts is increasingly important to insurers. His Israel-and New Jersey-based company develops and sells robotic process ...

Cognitive Computing Takes Off

Cognitive computing is catching on fast among property/casualty insurance companies, which are embracing the new technology in pursuit of labor efficiency more than labor replacement—at least for ...