Business intelligence based on historical data can provide valuable insight but has limitations for predicting the future. Part three of this blog series highlights how predictive analytics can distinguish reliable versus unreliable data and what is required for the creation of predictive models.
In 2021, insurers must focus on being both digitally-enabled and data-driven in order to remain competitive and succeed. This content focuses on how an end-to-end automated reconciliation solution can deliver significant cost reductions for insurers whilst making spreadsheets a thing of the past.
Improvements made to the insurance claims process can come to a screeching halt if, at the end of the process, the claimant still has to wait for a paper check in the mail. This blog highlights the valuable reasons to migrate away from paper checks in order to improve the claims payment process.
If you’re innovating with intelligent automation in 2021, be prepared for the potential obstacles. This white paper examines the obstacles involved with planning and implementing automation technology, along with some common misconceptions about the technology’s capabilities and outcomes.
This article explores the challenges currently faced by insurers and where they need to begin in order to see improvements and quick wins when it comes to the customer journey.
To stay competitive, insurers have an opportunity to thrive by strategically reviewing and controlling their expense ratios. This content sheds light on the major components of an insurer’s expense ratio and the levers available to influence the cost drivers and reduce expense ratios.
Designed for intermediaries, MGAs and brokers, this content focuses on how AutoRek delivers a robust automated financial control framework that reduces operational risk, enhances control and delivers efficiencies.
New regulatory and accounting requirements, changing customer expectations and competitive forces are leading many insurance companies to re-evaluate their approach to data management. This white paper focuses on how insurance companies can reap the benefits of a data-fuelled insurance business.
Across the insurance value chain, traditional processes for dealing with the unstructured data deluge are largely inefficient. This infographic highlights how the emergence of natural language processing technology can be a game changer for insurers as they attempt to tame unstructured data.
This content focuses on why many insurance companies are turning to intelligent automation to support existing underwriting functions and leverage the value of data. Download this article to discover how digital workers can complement human underwriters and enhance the customer experience.