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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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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. These technologies are unproven and imply risk, but should we be concerned? Valued at a modest $5.45

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Blockchain Technology in Agriculture: Application Techniques

Knowledge Hut

Blockchain technology in agriculture improves food safety by allowing information to be traced across the food supply chain. The capacity of blockchain to store and manage data enables traceability, which is utilized to aid in creating and implementing technologies for intelligent farming and index-based crop insurance.

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Machine Learning in Insurance: Applications, Use Cases, and Projects

ProjectPro

Ever wondered how insurance companies successfully implement machine learning to expand their businesses? Despite its long history of resistance to innovation, the insurance sector is currently experiencing a digital revolution. For both applicants and insurers, this quick move has significant implications.

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How Financial Services and Insurance Streamline AI Initiatives with a Hybrid Data Platform

Cloudera

With AI, financial institutions and insurance companies now have the ability to automate or augment complex decision-making processes, deliver highly personalized client experiences, create individualized customer education materials, and match the appropriate financial and investment products to each customer’s needs. There’s one more thing.

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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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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.