Risk Management, Compliance

DMS For Insurance Industry

April 16, 2023

DMS For Insurance Industry
One of the most paper intensive industries is insurance industry. There are endless forms to fill, copies of proofs to be preserved, and claims to deal with on regular basis. Under the circumstances, using simple word processors, insecure repository and emails or not adopting a streamlined process of document management can have serious negative consequences.

Spotlight

Toffee Insurance

Toffee Insurance is insurance for the new-age: simple, digitised policies built to fit your lifestyle. We cut out the headache of insurance because large, incomprehensive policies with vague inclusions and tons of exclusions should be a thing of the past. We’ve created jargon-free, no nonsense, all-digital insurance customised for modern lifestyles.

OTHER WHITEPAPERS
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How are Insurers transforming with AI?

whitePaper | July 19, 2022

ML, a branch of artificial intelligence (AI), operates under the hood in many digital services we use today – including search engines, social media, e-commerce, and voice assistants. Automated, ML-powered systems have virtually unlimited computing power, resources, and memory in comparison to human counterparts and can be taught to “connect the dots” during data analysis.

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Guidewire Testing Framework for Autonomous Testing

whitePaper | May 9, 2022

The pace of change driven by digital transformation is rapidly increasing as new generations of agile competitors emerge. Insurance businesses, too, are evolving to keep pace with the latest business trends and update their products and services.

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Cyber Insurance 2022: Reality from the InfoSec Frontline

whitePaper | May 15, 2022

Sophos’ annual study of the real-world experience of IT professionals at the frontline has revealed how their experience of obtaining cyber insurance coverage has changed over the last year. It also shows the impact cyber insurance has had on their cyber defenses. With ransomware a major driver of both cyber insurance purchase and claims, the study also shines light onto how often cyber insurance policies pay out in the event of an attack and the types of costs that are addressed, including how often insurers pay the ransom.

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Is it time to review your claims handling process?

whitePaper | September 5, 2022

The COVID-19 pandemic has had a major impact on global supply chains, but those supply chains have also been a vital lifeline in supporting the response. In particular, vehicle rental and repair networks have kept drivers, businesses and the economy moving throughout the pandemic.

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Powering the modern life insurance carrier with advanced AI and data

whitePaper | June 30, 2022

Welcome back to our white paper series about how to use AI and data throughout the new business and underwriting processes. In the first white paper we discussed the importance of product design and the benefits of using AI. In this white paper, we will examine how to deliver on the vision of your new product through your technology implementation. We will discuss how to move from concept to reality effectively and efficiently by determining the right capabilities, automation, and optimized workflows for this goal.

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Moving to the cloud is reshaping the insurance industry

whitePaper | October 25, 2022

With many employees working from home and digital business on the rise, insurers need a solution for managing, data, core systems and organisational needs. This whitepaper discusses the benefits of cloud computing for insurance companies.

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Spotlight

Toffee Insurance

Toffee Insurance is insurance for the new-age: simple, digitised policies built to fit your lifestyle. We cut out the headache of insurance because large, incomprehensive policies with vague inclusions and tons of exclusions should be a thing of the past. We’ve created jargon-free, no nonsense, all-digital insurance customised for modern lifestyles.

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