Taking Back Control: How Verisk’s WCMSA Services Help you Reduce Costs and Get Claims Settled!

As insurers deal with the fallout from COVID and dedicate themselves to improving the customer experience, many still shy away from refreshing their correspondence because they worry it takes too much time, effort and money. Artificial intelligence can now solve the problem by using "content intelligence" to quickly sort through even ad hoc correspondence. AI lets firms modernize their correspondence with messages and branding that are consistent and with the right reading comprehension level, no matter how the company touches a customer -- pleasing customers while lowering costs.

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.

In an industry facing multiple disruptive forces including technological, regulatory and competitive pressures rethinking finance as a strategic function can help insurers reduce costs, report faster and extract more value commercialization of their data. In this crossover interview, Paolo Rubano, Finance Transformation Director at Generali, shares his perspective on the evolution of the insurance industry and how the finance function is responding to it. He explains in particular the role of Finance in this journey to allow a greater impact.

Distributed ledger technology, often called “blockchain,” is rapidly emerging as a potential solution for businesses in many sectors, often with promises of increased security, reduced risk, and greater efficiency. With any new technology, however, come new risks. Risk management professionals should understand, assess, and plan for the risks that their organization will face resulting from the implementation of blockchain—not only today but in the future. In this webinar, Bradley’s Policyholder Insurance Coverage Team, led by Katherine Henry, will discuss the applications of blockchain technology in the insurance industry, recent developments in blockchain technology, and the potential impact on policyholders. Join us for this compelling introduction into the future of insurance coverage.