Insurtech

Why Must Health Insurers Reform Prior Authorization Now?
Insurance Why Must Health Insurers Reform Prior Authorization Now?

In the intricate landscape of modern healthcare, a pressing issue looms large over hospitals and patients alike: the cumbersome and often detrimental process of prior authorization by commercial health insurers. This administrative hurdle, designed to control costs, frequently results in

AI to Decide Medicare Treatment Approvals in 2025 Pilot
Technology & Trends AI to Decide Medicare Treatment Approvals in 2025 Pilot

In a groundbreaking development that could reshape the landscape of healthcare for millions of Americans, the Trump administration has rolled out a pilot program named WISeR (Wasteful and Inappropriate Service Reduction), which integrates artificial intelligence (AI) into the decision-making

How Is AI Transforming Insurance in China and Southeast Asia?
Regulatory & Compliance How Is AI Transforming Insurance in China and Southeast Asia?

In the bustling markets of China and Southeast Asia, artificial intelligence (AI) is emerging as a game-changer for the insurance industry, reshaping how companies operate and engage with customers in ways that were unimaginable just a decade ago. This technological revolution is not merely a trend

Insurance Fraud Detection Market to Surpass $28B by 2031
Risk Management Insurance Fraud Detection Market to Surpass $28B by 2031

The insurance industry faces an escalating challenge as fraudulent activities continue to drain billions from global economies, with losses in the United States alone surpassing $308 billion annually as of recent estimates. This staggering figure highlights a pressing need for advanced solutions to

How Will Allianz UK and Ticker Transform Motor Insurance?
Technology & Trends How Will Allianz UK and Ticker Transform Motor Insurance?

Redefining the Motor Insurance Arena The motor insurance sector in the UK stands at a critical juncture, with escalating premiums and accessibility challenges pushing the industry toward innovative solutions. As of 2025, a staggering number of drivers, especially young and low-mileage motorists,

Why Are Insurers Excluding Gen AI as Startups Step In?
Technology & Trends Why Are Insurers Excluding Gen AI as Startups Step In?

What happens when a revolutionary technology, hailed as the future of efficiency, turns into a ticking time bomb of legal and financial risks? Generative AI, or gen AI, is transforming industries with its promise of innovation, yet it’s also exposing businesses to uncharted liabilities—from biased

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