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Revolutionizing Insurance: Optimize Your Claims Process to Drive Customer Satisfaction and Retention

Precisely

Key Takeaways: Insurers provide better customer experiences with claims processes that are simple, fast, empathetic, and deliver proactive communication throughout. For most people, insurance is a safety net that remains out of mind until it becomes necessary – typically when an incident occurs and they’re filing a claim.

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Customizing Personal Lines Insurance with Location Data

Cloudera

Insurers are increasingly adopting data from smart devices and related technologies to support and service their customers better. I have been researching more about how we can use the new data from those devices to design more innovative insurance products while being aware that these should all be contingent upon customer opt-in.

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Best of 2022: Top 5 Insurance Blog Posts

Precisely

In insurance, data is everything. Let’s explore the impact of data in this industry as we count down the top 5 insurance blog posts of 2022. #5 5 3 Steps to Increase Insurance Claims Satisfaction In the insurance world, a good digital CX is a distinct competitive advantage. . #5

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4 Ways Better Access to Healthcare Data Can Improve Patient Outcomes

Snowflake

From improving patient outcomes to increasing clinical efficiencies, better access to data is helping healthcare organizations deliver better patient care. Here are four ways improved access to data can help healthcare organizations provide patients with better care: 1. These alarming trends have healthcare administrators on red alert.

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Commercial Lines Insurance- the End of the Line for All Data

Cloudera

I’ve had the pleasure to participate in a few Commercial Lines insurance industry events recently and as a prior Commercial Lines insurer myself, I am thrilled with the progress the industry is making using data and analytics. Another historic example is crop and livestock insurance in Germany in the 1700s.

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How Modern Data Technologies Are Remaking the Art of Insurance Underwriting

Snowflake

The insurance industry has always been driven by data. Today, insurance underwriters are under the gun to use new data technologies to shift from hindsight-dependent to future-ready processes. I think it’s fair to say that the C-Suite of almost every insurer believes they need to compete on data and analytics,” says McConnell.

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Personalized Insurance: Auto and Telematics, Health, and Other Success Stories

AltexSoft

In today’s society, insurers can no longer ignore the mounting expectations of customers. Clients now expect insurers to provide different levels of personalization that are fast, adaptable, and up to date. Is personalized insurance really the future of insurance? What is personalized insurance, and why is it important?