Claims & Reserving
The Great Hustle: Protecting Insurers From Fraud
Insurance fraud is as old as the insurance industry itself. Efforts to combat fraudulent insurance schemes can be traced back to the Middle Ages, but the menace still persists centuries later. In the ...
How AI Advances ‘No-Touch’ Resolution of Workers Compensation Claims: Opinion
Many human hours are needed to sort, analyze and process workers compensation claims—the vast majority of which are low in value.
The U.S. workers comp ...
How Cyber Insurance Will Reshape Cybersecurity
Cybersecurity is broken. It's a bold statement, but given the increasing frequency of cyber breaches, along with the presence of more varied and evolving threats, there is growing uncertainty about ...
AI Can Transform How Carriers Handle Car Crashes
Crashing your car is a traumatic experience enough in itself, so it is unfortunate for drivers that dealing with their insurance company after the accident can be a lengthy process that often adds ...
3 Ways to Speed Up Claims and Boost Customer Satisfaction
Insurers face three key challenges: They operate in an already crowded marketplace, they have to meet the ever-increasing expectations of consumers, and they face incursions by disruptive tech ...
Risk Alerts: Medical Marijuana; LED Lighting and Eyesight Damage
Could medical marijuana laws actually be increasing opioid overdose deaths? Are the benefits of medical cannabis worth the possible side effects? Is the blue light in LED lighting damaging our ...
Liability Long Tail Could Get Longer
One of the most challenging things about liability insurance is that claims on this year's policy might be made well into the future. If exposure to a chemical, product or business activity this year ...
Parametric Insurance Takes Off
Now that property and casualty insurance coverage terms for business disruption losses are gradually tightening, a singular insurance product used primarily to protect businesses against ...