Munich Re’s Panel on the Financial & Operational Benefits of Claims Guidance: Pt. 2
In Part 1 of our recap of the panel discussion hosted by Munich Re Life US – The Financial & Operational Benefits of AI-Powered Claims Guidance – we heard about the triple win generated when the C-suite, claims departments, and risk actuaries team up to deliver significant financial and organizational impact. But the participants also […]
Munich Re’s Panel on the Financial & Operational Benefits of Claims Guidance: Pt. 1
There is increasing collaboration amongst finance executives, claims leaders, and actuaries to leverage digital innovations – and the result is reshaping how the insurance industry thinks about claims handling to achieve cost savings and better business outcomes. A recent panel discussion hosted by Munich Re Life US – The Financial & Operational Benefits of AI-Powered […]
AI-Powered Claims Guidance Increases RTWs and Reduces Durations Within 6 Months at a Top Carrier
For years a top 10 long-term disability carrier struggled to make significant improvements in its core claims (own occ) processing. Although the carrier had made incremental process and technology reforms over the years, their key metric for success – the number of claims remaining open one month after change of definition – nevertheless remained stubbornly […]
Through the Martini Looking Glass: Overheard at Our ITC Cocktail Party
As part of EvolutionIQ’s presence at this year’s InsureTech Connect 2022 in Las Vegas, we had the pleasure of hosting a number of industry veterans at a cocktail party at the Mandalay Bay whose attendees included executives from Amazon, Brewer Lane, Asymmetric, CNA, Dearborn, Guardian Life, KPMG, Marsh Inc., New York Life Ventures, Principal, Munich […]
Key Takeaways from ITC 2022 Las Vegas
InsureTech Connect 2022, the world’s largest gathering of insurance leaders and innovators, recently wrapped up in Las Vegas – with technology differentiation and the growing sophistication of artificial intelligence key themes that dominated the three days of presentations and discussions. In addition to a wide array of on-stage talks, this year’s presenting sponsor, McKinsey & […]
ITC 2022 Panel Discussion: Directly Impact the Bottom Line With AI-Powered Claims Guidance
As part of InsureTech Connect 2022, the world’s largest gathering of insurance leaders and innovators, EvolutionIQ convened a panel of industry experts to discuss the ROI that claims guidance software delivers. Adam Fisher, Chief Data Officer, Sedgwick, underscored the impact that claims guidance can have even in firms such as his that have long been […]
Controlling the Cost of Risk With Claims Guidance: ITC 2022 Presentation Recap
To kick off EvolutionIQ’s panel discussion at InsureTech Connect 2022, our COO and co-founder Michael Saltzman gave an overview of why claims guidance software has rapidly become such a critical part of the carrier ecosystem today – and why the opportunities are unlike what they’ve been in the past. “The last decades have been focused […]
How AI is Cracking the Unstructured Data Challenge in Claims
The intersection of intelligent automation and AI claims guidance was in the spotlight at the International Claim Association’s Annual Education Conference recently held in San Diego, California. Flipping the traditional panel format, claims executives from Reliance Standard Life and Securian Financial put technology questions to business leaders from FastTrack, a leader in automation technologies for […]
5 Questions With Our New Customer Expert: Palantir Vet Kipp Teamey
Joining a senior leadership team that already includes experts from Google AI, Bloomberg, Microsoft, Facebook and other tech leaders is Kipp Teamey – our new Head of Client Strategy. He spent nine years as a deployment strategist at Palantir Technologies, which integrates, manages, and secures data as part of complex data analytics. Prior to that […]
Partnering People with AI to Transform Claims Handling: Part 2
In Part 1 of our recap of the recent virtual panel, Partnering People with AI to Transform Claims Handling, we heard from leaders of Principal Financial Group and Sun Life Financial about the experience of deploying AI-powered claims guidance for the first time. In today’s Part 2, we’ll look at how the technology does far more […]