The 5 Ways Technology is Impacting Claims

With the number of insurance startups companies ballooning by 526% since 2014, insurtech has gone mainstream in 2017. What’s slightly less talked about is which areas of the value chain will be impacted first. The consensus is that claims management is particularly ripe for disruption.

Why? With most insurers, dealing with a claim is the only real meaningful form of customer engagement. It’s when the product delivers on its promise.

Part of the focus on claims is also down to imperative, or solving a pain point for industry and consumers alike. Dealing with the increased costs of claims has been front of mind for some time, due to a wide range of direct and adjacent triggers including:

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By | 2017-12-13T10:28:59+00:00 December 13th, 2017|Categories: All Articles, Trending Topics|Tags: , , |Comments Off on The 5 Ways Technology is Impacting Claims