Coronavirus is expected to drive up health insurance premiums and medical costs

| April 1, 2020

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Yahoo Finance’s Adriana Belmonte joins Seana Smith to report on why the coronavirus could drive up costs for the U.S. health insurance system.

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ICA, LP Insurance Claims Adjusters

ICA offers comprehensive claims management solutions to process any claim type for personal or commercial losses. Throughout the United States, whether it’s complex day-to-day claims or catastrophic events, ICA offers customizable options as well as third-party administration (TPA) services, based on our client’s specific requirements.

OTHER ARTICLES

Insurance Chatbots: Optimizing Customer Experiences

Article | April 13, 2020

Artificial intelligence (AI) has changed the insurance industry – and customer service is no exception. One of the most common forms of AI are the use of chatbots, which Forbes defines as “software functionality that is designed to receive conversational input through text of voice and then generate a response that is also in natural language.” In other words, instead of interacting with a human, you’re “chatting” with a bot that’s programmed to understand your questions and direct you to the right place.

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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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INSURTECH AND RISK MANAGEMENT: RESHAPING RISK SCORING AND UNDERWRITING

Article | February 21, 2020

The vibrant combination of insurance services and technical innovation takes a swing at the insurance sector. Let’s look at the current state of the market and how it pushes insurers toward rethinking risk scoring and underwriting procedures. In a global sense, the insurance industry is safe and sound. The sector is growing steadily, showing overall profitability.

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Do Entrepreneurs Need Business Insurance?

Article | April 7, 2020

Being an entrepreneur is no piece of cake. You are going out on your own, venturing into a new industry and the future is unknown. Many factors will contribute to whether your new business will be a success or not. One of those factors is whether you purchase comprehensive business insurance from the get-go. Below, we will discuss what types of business insurance you should consider as an entrepreneur who is starting your own company.

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ICA, LP Insurance Claims Adjusters

ICA offers comprehensive claims management solutions to process any claim type for personal or commercial losses. Throughout the United States, whether it’s complex day-to-day claims or catastrophic events, ICA offers customizable options as well as third-party administration (TPA) services, based on our client’s specific requirements.

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