How Artificial Intelligence is Changing the Claims Process

| May 10, 2017

article image
Learn how insurance carriers are using AI to automate time-consuming tasks such as claims assessment, validating coverage and extracting ICD codes as well as for complex decision making such as risk grading and fraud prevention in underwriting.

Spotlight

Neighborhood Health Plan of Rhode Island

Neighborhood Health Plan of Rhode Island is a mission-driven organization that partners with the community health centers and others to secure access to high quality, cost-effective health care for individuals, families and small businesses.

OTHER ARTICLES

8 Types of Business Insurance Your Company Should Consider Having

Article | February 26, 2020

Financial losses from a product defect, data breach, serious illness or work-related automobile accident can force business owners to close their doors if they're not prepared. The cost of an unexpected event can be substantial. Hiscox quotes a 2014 study of small business owners, saying the average cost to defend and settle an employee lawsuit was $160,000. Employment litigation is just one type of risk your small business may face.

Read More

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.

Read More

Top Features of an Effective Claims Management System

Article | March 12, 2020

Claims are a critical part of the insurance business. Even if your insurance company is not as big as Axa or Allianz, you need to have an efficient claims management system. Clients’ mindset and expectations are different from what they were 10 years ago. A recent survey called Insurance 2020: The digital prize — taking customer connections to a new level has brought to light some fascinating facts.

Read More

Online Business Insurance & Why It Matters for Entrepreneurs

Article | March 2, 2020

If you’re a new online entrepreneur, I’m sure you’ve realized how much there is to read up on and prepare for when it comes to being ready to successfully run a business on your own. One of those big things that so many people overlook are the different types of insurance you need to make sure you’re protected in all circumstances as a business owner.

Read More

Spotlight

Neighborhood Health Plan of Rhode Island

Neighborhood Health Plan of Rhode Island is a mission-driven organization that partners with the community health centers and others to secure access to high quality, cost-effective health care for individuals, families and small businesses.

Events