Tag: Claims management
Nearmap and itel join forces to streamline insurance claims and underwriting
Nearmap has announced the acquisition of itel, a move set to reshape the property insurance landscape by combining two trusted sources of underwriting and claims data.
Sedgwick’s $1bn deal the only bright spot as US InsurTech funding...
Key US InsurTech investment stats in 2024:
US InsurTech funding dropped by 31% YoY
California continued to dominate the US InsurTech space after it...
US InsurTech funding doubled in Q3 YoY as investors back fewer...
Key United States InsurTech investment stats in Q3 2024:
United States InsurTech funding doubled in Q3 YoY
Deal activity halved in Q3 as investors...
US InsurTech funding doubled in Q3 with California-based companies closing quarter...
Key US InsurTech investment stats in Q3 2024:
US InsurTech funding doubled in Q3 YoY
California continues to dominate the US InsurTech space after...
Global InsurTech market rebounded in Q3 as average deal value tripled
Key InsurTech investment stats in Q3 2024:
Global InsurTech market rebounded in Q3 as funding increased by 55% YoY
Average deal value tripled in...
Sedgwick strengthens global capabilities with strategic investment from Altas Partners
Sedgwick, a global leader in claims management, loss adjusting, and technology-driven solutions, has formed a strategic partnership with Altas Partners, a prominent North American...
Wisedocs bags $4.5m from CIBC to streamline insurance claim reviews with...
Wisedocs, an innovative leader in the InsurTech sector, recently received a significant financial boost. CIBC Innovation Banking has extended $4.5m CAD in growth capital...
Why effective claims management is crucial for insurance companies
Claims management is a vital function within the insurance industry, focusing on the resolution and processing of claims made by policyholders. By optimising this process, insurers aim to handle claims more swiftly, reduce instances of fraud, and maintain regulatory compliance. Comarch delves deeper into what makes claims management so critical for insurers.
How insurers can optimize claims and retain customers
Claims represent a pivotal moment in insurance, often determining customer loyalty and future business opportunities. They not only involve the insurer and the customer...
How to choose the best AI solution for claims management
The insurance industry is undergoing a transformative shift, propelled by the integration of Artificial Intelligence (AI). As insurers grapple with increasingly complex claims and rising customer expectations, AI has emerged as a potent tool to streamline processes, enhance accuracy, and elevate customer satisfaction levels. However, amidst the plethora of AI solutions available, selecting the right option for claims management is not a simple task, as the AI automation platform Simplifai explains.
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