The insurtech has expanded its advisory panel to help with wider market adoption strategy.
The executive will be responsible for the proactive security practices in North America.
The broker has appointed a new head of cyber, technology & media.
Before examining the trends, we need to define what cognitive automation means. Essentially, it can involve everything from chatbots to optical character recognition (OCR). It becomes applicable when part of a process needs to be accomplished.
The alliance will provide a low-code intelligent automation platform to its clients.
Capital infusion will help further build the company’s team and provide credit re/insurance and reinsurance solutions.
The carrier plans to write E&S lines coverages sourced through programme administrators and MGAs.
Streamline and automate claims-handling processes to build digital capability and unlock the ‘power of proactive’
Most people would agree that, if you were to ask them how they preferred to work, the answer would be “smarter, not harder”. But sometimes just finding the way to smarter working can seem like a mammoth task in itself.
In the quest to make the claims process as fast, accurate, and fair as possible, insurers are adopting several new technologies and approaches—many of which fall under the broad umbrella of “claims automation”. While automating the many manual tasks and sub-processes that take a claim from first notice of loss (FNOL) to settlement is a worthy goal, doing so with intelligence is key.
The executive formerly served as the CEO and board member of RMS Japan.