Insurance
July 10, 2024
Dramatically Improve Claims Processing Efficiency with Modern Technology
Resolve claims faster, more accurately, and more profitably Traditional insurance claims processing methods are notorious for inefficiencies that negatively impact the bottom line and customer satisfaction. One key area of concern is the manual and paper-based nature of many existing processes. This reliance on physical paperwork slows down the entire claims-handling process and increases the […]
July 3, 2024
The Powerful, Practical, and Strategic Benefits of Automation in Claims Adjusting
in: Business, Insurance, Software
Manage claims quickly, enhance productivity, and enable growth and a competitive advantage. In traditional insurance claims processing, there are challenges primarily caused by manual work and bottlenecks. This results in lengthy processing times, errors, and customer dissatisfaction. Automation has emerged as a solution to address these issues and streamline the claims processing workflow. One of […]
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, […]