Insurance
April 24, 2024
You’ve Come a Long Way, Baby – The History and Evolution of Insurance Claims Management
in: Insurance
Technology is increasing efficiency and saving money, and there’s no end in sight. Claims adjusting is a profession that dates back centuries, to when the first insurance company was established in 1680 in London. In the United States, Benjamin Franklin co-founded the Philadelphia Contributorship in 1752. The modern insurance claims adjuster role evolved from the […]
April 10, 2024
Preserve Data Quality – Prevent Errors with Technology and Build a Culture of Data Integrity
in: Insurance
Data errors cost you more than you realize. Make better decisions and more money. Data accuracy is essential in insurance adjusting firms – it directly impacts your ability to make informed decisions and assess claims. It informs decision-making, improves efficiency, enhances customer service, and mitigates fraud. Data errors have many consequences, including incorrect assessments, claim […]
March 27, 2024
Your Make vs. Buy Software Decision Greatly Impacts Your Business Success
in: Insurance, Uncategorized
Let’s compare off-the-shelf with custom software for insurance adjusting One of the most difficult aspects for insurance adjusting firms seeking digital transformation is the decision to make or buy software. It’s a strategic dilemma: Do you develop a custom software solution or purchase an off-the-shelf insurance software solution? What aligns best with your business goals, […]
March 20, 2024
Why Secure Intuitive Insurance Software Is Essential
in: Insurance
To run their firms at peak efficiency, insurance firms need software that is both easy to use and has the latest cybersecurity protections Software systems have become increasingly essential to the operational efficiency of the insurance industry in general and for claims adjustors in particular. On the one hand, software needs to address security concerns […]
February 28, 2024
A Definitive Guide to Planning Legacy System Upgrades
in: Insurance
For CEOs, IT leaders, and decision-makers in insurance adjusting firms, understanding when and which legacy systems need modernization and developing a strategic conversion plan leads to optimum results. Three words that terrify CEOs, IT leaders, and decision-makers in insurance-adjusting firms alike are legacy system modernization. Too often, legacy conversion refers to a long, arduous effort […]