Claims

AI in Insurance Innovation – Review
Technology & Trends AI in Insurance Innovation – Review

The insurance industry, historically rooted in manual processes and risk aversion, is undergoing a seismic shift with the advent of artificial intelligence (AI), a technology that promises to redefine efficiency and customer engagement. Consider the staggering potential: millions of claims

UnitedHealth's AI Tool Optum Real Cuts Claim Denials
Technology & Trends UnitedHealth's AI Tool Optum Real Cuts Claim Denials

A Billing Nightmare Turned Digital Dream Imagine a patient waiting anxiously for a critical medical procedure, only to be delayed by a maze of insurance paperwork and claim denials that drag on for weeks, creating a frustrating reality for millions in the U.S. health care system where

Erie Insurance Faces $1.75M Bad Faith Verdict in PA Case
Regulatory & Compliance Erie Insurance Faces $1.75M Bad Faith Verdict in PA Case

As we dive into the complex world of insurance law, we’re joined by Simon Glairy, a renowned expert in insurance and Insurtech, with deep expertise in risk management and AI-driven risk assessment. With years of experience navigating the intricacies of claims handling and bad faith litigation,

How Does Resilience Expand Tech E&O Insurance Coverage?
Technology & Trends How Does Resilience Expand Tech E&O Insurance Coverage?

In a world where a single software glitch can cost millions and shatter a company's reputation overnight, the stakes for tech firms have never been higher, especially as we navigate the digital-first landscape of 2025. Picture a mid-sized tech startup, riding the wave of rapid growth, only to be

Is Chubb's Collateral Demand on Full Steam Staffing Unfair?
Regulatory & Compliance Is Chubb's Collateral Demand on Full Steam Staffing Unfair?

In the heart of California's industrial sector, a David-and-Goliath battle unfolds as Full Steam Staffing, a Florida-based firm, takes on insurance giant Chubb over a staggering $51 million collateral demand. This isn't just a financial dispute; it's a clash that could reshape how businesses

Why Does Volatility Challenge Motor Insurers’ Profitability?
Regulatory & Compliance Why Does Volatility Challenge Motor Insurers’ Profitability?

The motor insurance industry finds itself perpetually battered by a storm of volatility that relentlessly erodes profitability, leaving companies grappling with an unpredictable landscape where financial stability often feels unattainable. Fluctuating premium rates, economic uncertainties, and

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