A Holistic Approach to Insurance Automation

| December 11, 2016

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New technologies, including artificial intelligence, virtual agents, machine learning and more, are creating opportunities for insurers to realize the full potential of robotic process automation. In this Insurance Insight of the Week video, Michael Costonis explores the four stages of the automation spectrum.

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WPS Health Insurance

Wisconsin residents can count on WPS Health Insurance to help protect their health, financial security, and peace of mind. WPS provides health insurance, life insurance, and benefit plan administration to private and government customers with service and value considered by our customers to be the very best.

OTHER ARTICLES

6 reasons to take out landlord insurance

Article | March 9, 2020

Making the leap from homeowner to property investor comes with a unique set of challenges and opportunities. While many landlords try to minimize their outlay and maximize their return – and understandably so – insurance is the one essential expense you simply can’t afford to scrimp on. It’s so important that you are adequately covered with suitable landlord insurance, so that the following scenarios don’t cripple you financially…

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7 Business Models of the Future for Insurers

Article | March 18, 2020

The insurance industry continues to be an enabler of innovation. Since its creation three centuries ago, it has become an essential part of the global economy — providing security and resilience to businesses and individuals alike. But the fundamentals of how it operates have barely changed. As we enter a new decade, the industry must reflect the reality of the needs of today’s businesses and society. Large commercial insurers and reinsurers, in particular, have an increasingly urgent imperative to realign their organizations and modify their offerings to include stronger preventive services against new and evolving threats, including climate change and cyber risk. There is a huge opportunity. Our latest NextWave Insurance report reveals that, should the industry act now, an unprecedented growth and profitability spike is within reach. By 2030, we project that large commercial insurers and reinsurers could experience:

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Why Your General Contractor Business Needs Workers Compensation Insurance

Article | March 22, 2020

Having Workers Compensation Insurance for general contractors is an important part of your business. Given the nature of their work, employees are at risk of getting injured, disabled or even worse. Your business uses a lot of resources to provide your employees with a safe working environment. However, your efforts alone do not guarantee safety. Workers Compensation insurance is a great benefit package. Employees enjoy peace of mind as they work, and during recovery if they do get injured.

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How Will COVID-19 Affect Insurtech

Article | April 13, 2020

It is common knowledge that there is virtually no industry that has been immune to the effects of COVID-19. The global pandemic has caused massive shifts in individual and industrial behavior and will continue to do so in the months, if not years, to come. The P&C industry, like many others, is reeling from the effects of the virus. Amidst all these events, it is important to assess how the insurtech industry is going to be affected by COVID-19.

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Spotlight

WPS Health Insurance

Wisconsin residents can count on WPS Health Insurance to help protect their health, financial security, and peace of mind. WPS provides health insurance, life insurance, and benefit plan administration to private and government customers with service and value considered by our customers to be the very best.

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