Claims automation: saving costs by debunking the myths

As organizations increasingly rely on technology tools to run more efficient business operations, are they thinking strategically about the real possibility of their tools and associated data disappearing without a trace? What about the long term impact of such an event on revenue, or for their customers? Modern reliance on technology brings with it new exposures to risk that demand thoughtful foresight, planning and risk management.

Insurance is an important factor in most commercial and property transactions. Many aspects of insurance law have been evolving rapidly in recent years. Legislative reform is also now likely.This webinar will examine current issues associated with professional indemnity insurance, subrogation claims, and the implications stemming from the Ministry of Business, Innovation and Employments insurance law reform project.

The history of digitalization of personal lines insurance so far, and what to expect next, What UK FCA regulations can tell us about building digital insurance products which are compliant and personalized and How traditional insurers can re-think customer lifecycle stages and become more competitive versus digital challengers

Continuing to improve the quality in the settlement of claims is a major focus for insurers, the supply chain and supporting technology providers. Property claims are amongst the most complex claims instigating a more emotive customer experience. With many different parties involved, multi-tiered supply chains and a broad range of events to be covered, delivering quality requires collaboration as well as innovative and effective technology. Successful applications of new digital technology are starting to deliver dramatic improvements in property claims management. This Live Chat looks under the covers to explore examples of value being delivered to major insurers today in this space.