Insurance fraud remains a persistent challenge, draining resources and creating inefficiencies in processing legitimate claims. Fraudulent activities not only disrupt industry operations but also delay settlements for genuine claimants, creating a need for innovative solutions to counteract this
Louisiana faces a pressing problem with its soaring insurance rates, prompting urgent calls for impactful reform. The primary concern stems from the sharp increase in insurance premiums, which many residents find burdensome. To address these escalating costs, legislative measures are being proposed
In recent years, the life insurance industry has witnessed significant transformations driven by technological advancements. Bestow, a Dallas-based insurtech company, has emerged as a key player in this shift. Originally established in 2017 by Melbourne O’Banion and Jonathan Abelmann, Bestow aimed
The intersection of technology and risk management in the aviation industry has become increasingly relevant due to growing geopolitical tensions and evolving security threats. Insurwave, an insurtech firm specializing in insurance solutions, has joined forces with Osprey Flight Solutions, an
Navigating the complex world of securities class actions demands a multidimensional approach from companies involved, given the high stakes and intricate legal challenges. In the United States, securities class actions have become significant propositions, often likened to situations where the
Esther Richards, an experienced professional in the insurance sector, is leading an innovative venture, FUW Commercial, established by FUW Insurance Services Limited. This enterprise is set on transforming the landscape of commercial insurance in Wales. With a targeted focus on the A55 corridor and
In recent years, the debate surrounding the use of artificial intelligence (AI) in health insurance claim denials has gained considerable traction, given its profound implications. With individuals like Remi Lee spotlighting the struggle against frequent claim denials, the conversation has gained
In an era where financial markets change at the speed of light, investment strategies need to adapt rapidly to sustain returns and mitigate risks. Wayne Cooperative Insurance has taken strategic steps to enhance its approach to portfolio management by collaborating with Clearwater Analytics. This
In today's rapidly shifting insurance landscape, maintaining a strong grasp on the dynamics of underwriting and claims expertise is crucial. Simon Glairy, an authority in the insurance and Insurtech sectors, provides us insights into the strategies and vision of a new CEO tackling these challenges
Navigating the complex landscape of modern business risks reveals the deficiencies of traditional insurance methods. While these conventional techniques provide a solid foundation of coverage, they often fall short when faced with the dynamic and rapidly evolving risk environment. Factors such as
