Did you wait a budget-straining eternity to have a home insurance claim paid last year? Join the unhappy club. The average home insurance claim was settled in 18 days in 2021, compared to just three ...

Processing claims at scale presents a challenge for insurers, particularly where the claims entail factors like complex underlying health conditions. According to data from the National Association of ...

With rising claim denial rates posing a continuous threat to the financial stability of medical practices, the need for efficient claim processing has never been more critical. According to a poll ...

CheapInsurance.com reports that by 2026, AI-driven auto insurance claims will streamline processes, enhancing efficiency and ...

Bacancy Technology has helped BeatCare Insurance harness AI-driven automation, OCR, and cloud integration while adding to the claims management system. At Bacancy, we aim to use innovation and AI to ...

No one enjoys the slow-turning wheels of bureaucracy that can delay an insurance settlement by days, weeks, months, or even years. But do we need a system that can settle insurance claims in mere ...

“In addition, while consumers may take advantage of conventional claims processing to determine if they will receive any compensation for loss associated with an item, consumers have traditionally had ...

Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More At Amazon’s prototype grocery store, Amazon Go, customers can walk in, ...

Car insurance provides peace of mind in uncertain circumstances. But for many, claims are denied after an accident or damage.

Georgia consumers are facing rising insurance costs and claim denials from providers. Insurance companies report low ...

IRDAI has tightened motor insurance claim-settlement rules, mandating transparency, board-approved policies and faster ...