How cloud simplifies complex risk and insurance environments

NEER RAMA | February 5, 2020

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Managing risks and insurance across a single business is difficult. To do so across numerous entities is orders of magnitude harder. The information has to be drawn from different stakeholders, each with their own capturing and reporting standards. Instead of an orchestra, risk and insurance managers end up with a lot of noise and not enough resources to find the hidden signals.

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Eldon Insurance Services Ltd

Eldon are claims experts. We build productive relationships with each other, our partners and our clients. We provide innovative, fluid and transparent claims solutions for our partners. We can provide a full suite of claims handling fuctions from First Notification of Loss through to Catastrophic Personal Injury Claims.

OTHER ARTICLES

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 Germany Is Becoming a Global Hotspot for InsurTech Firms

Article | February 25, 2020

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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AI is Real—and It’s Helping Corporate Legal and Insurance Claims Professionals

Article | April 1, 2020

There’s been a lot of talk about artificial intelligence amongst those involved in the insurance technology (insurtech) and legal industries, and for very good reason. AI is a transformative technology that has the power to revolutionize how legal and claims litigation work is performed. Indeed, with AI in their corners, legal and claims professionals can address many of the challenges that they face on a daily basis, including cost control, staffing levels, compliance with billing guidelines, and more.

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AI and Virtual Assistant for Insurance Sector: 10 Ways to Maximise Performance

Article | February 17, 2020

Evolution in business concepts and implementation of the latest technology trends are driving the thriving growth of businesses. Among all, artificial intelligence is best known to transform a business by automating the processes and making the tasks seamless. And the inventions like virtual assistant and chatbots are practically implementing these concepts to showcase results that promise skyrocketing growth and boost in business.

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Spotlight

Eldon Insurance Services Ltd

Eldon are claims experts. We build productive relationships with each other, our partners and our clients. We provide innovative, fluid and transparent claims solutions for our partners. We can provide a full suite of claims handling fuctions from First Notification of Loss through to Catastrophic Personal Injury Claims.

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