InsurTech Evaluation – The different perspectives

On-board sensors, telematics and wearables present ample opportunity for carriers and their insureds to collect and put to good use loss-prevention data. However, the Holy Grail in this endeavor is sharing that data in a transparent, collaborative way.

Like the Loch Ness Monster from Scottish folklore, only a small portion of life insurance and annuity fraud is ever seen. But unlike the Loch Ness Monster, fraud in the life and annuities fraud is very real and is much larger than the industry is able to estimate. Where are these attacks coming from and what action must life and annuity carriers take to mitigate the problem?

Today, litigation insights are available that can provide insurers unprecedented visibility into how a particular type of claim may fare in court. For example, its possible to uncover win rates of opposing attorneys by claim type. This data can be used to fine-tune offers based on historical settlements. Watch this webinar to hear a real-world case study in which litigation insights potentially could have turned the tide for an insurer and saved the claims department thousands of dollars. Experts will outline the life of a litigation claim and provide guidance to better outcomes in disputed claims.

API solutions build customer experiences. For the insurance industry, this concept is no different. In the webinar “Creating a competitive edge with API solutions to build the experience your customer demands,” we learn that insurers must provide long-term value to their customers. They do this as they move towards digital transformation while they utilize more APIs. The webinar was hosted by Digital Insurance and features guest moderator Pat Spear, Principal, Speer Content Strategy and Development LLC, along with speakers Mike Fitzgerald, Senior Analysts at Celent and Karen Holmes, Marketing Director, Financial Services Axway.