2017 global health care sector outlook

| November 30, 2017

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Emerging and lower-income countries will drive the rise in health care expenditures through 2020 as well as the expansion of services in developed countries.

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For over 25 years, AssuredPartners NL (formerly Assured Neace Lukens) has helped businesses in nearly every industry. We help our clients manage their risk by developing an insurance and risk management program tailored for their unique needs.

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Coronavirus and insurance: threat or opportunity?

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The world is facing an unprecedented situation like never before. In the span of a couple of weeks, a visually undetectable virus has wreaked havoc and driven everyone home. COVID-19 had led offices to close, the economy to slow down, and has isolated us in our homes. Zooming in on the insurance industry, the effects haven’t gone unnoticed here either. Since no one was prepared for a pandemic of this scale, people are scrambling to know what their insurance covers. Those who weren’t covered are enquiring if they can get covered now. Travel and health insurance are the specific types are making the most news.

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How AI is bringing the insurance industry into the future

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Technology is advancing every day, and it’s disrupting industries from retail to manufacturing to insurance. It has become increasingly apparent that AI, blockchain and machine learning have the power to transform the future of business and the way people work and live. These new technologies are already being applied in the insurance industry. Some insurance companies are using AI and machine learning to automate certain parts of the claims handling process and improve customer service. Blockchain is being used to detect fraud and prevent risk.

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3 MODERNIZATION OPTIONS FOR INSURERS

Article | April 17, 2020

The global outbreak of coronavirus has exposed an unpleasant truth: many insurers are stuck with legacy systems that prevent them from offering seamless digital experiences to their customers and/or employees. Even more damaging, they can’t lower operating costs at a time when claims are climbing, and margins are disappearing. This isn’t a momentary problem. As bleak as things seem at the moment, one day this crisis will be over…and property & casualty (P&C) providers will still seek to modernize to remain competitive. Reconciling this seemingly contradictory mission – how can an insurer reduce operating costs while providing a better experience?

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Why Germany Is Becoming a Global Hotspot for InsurTech Firms

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For the uninitiated, insurance technology, or InsurTech, is the system of tools and technological innovations that are used to drive improved efficiency compared to older insurance industry models. In 2019, Germany had already begun to position itself as the de-facto hub for InsurTech firms, largely due to the uniquely collaborative nature of InsurTech startups in the country, in combination with extreme interest from international investment firms, which recognize the disruptive potential of many nascent German InsurTechs.

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AssuredPartners NL

For over 25 years, AssuredPartners NL (formerly Assured Neace Lukens) has helped businesses in nearly every industry. We help our clients manage their risk by developing an insurance and risk management program tailored for their unique needs.

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