Novarica Insurance Technology Webinar: Data and Analytics

As in every battle, there is one attacker and one defender. Rapid technological advancements have allowed for preventing cyber attacks, but also causing new issues. Since 2018, cyber incidents have been the leading risk to businesses worldwide. Data breach incidents, business email compromise, crisis management, and ransomware are the primary global cyber insurance claims.

Join the American Lung Association on March 22, 2019 at 2pm Eastern Time to learn about the current landscape of private health insurance market and its coverage of tobacco cessation treatment. This webinar will explore some surprising changes in private health insurance and what private insurance companies are covering in terms of tobacco cessation coverage.

Ephesoft Smart Capture® can positively impact claim processing for the insurance industry, particularly in conjunction with an automation platform like an RPA system. According to the National Association for Insurance Commissioners, last year written insurance premiums in the US came to $1.15 trillion dollars. With nearly every person in America purchasing at least one insurance policy, competition for business is incredibly intense.

The most disruptive changes in the insurance industry will be led by the advances in and utilization of key technologies. Primarily, it will include the adaptation of AI to create desirable products, harness insights from new data sources, optimize processes and costs, and improve customer experiences. According to a recent Accenture report:Digital transformation grants insurance companies exceptional capabilities. But it also creates enormous expectations.Amid these rising expectations, insurers are investing in digital technologies, raising the question of how leaders will set themselves apart.Insurers looking to differentiate themselves must be aware of technology trends that will characterize the post-digital future.