N avigating large volumes of unstructured insurance claims data is a substantial challenge for any insurance company looking to automate repetitive yet complex tasks across its operations. The integration of advanced technologies such as automation and artificial intelligence (AI) has become a pivotal driver for the exponential transformation of insurance organizations. A leading insurance firm in the Nordics wanted to modernize its claims management process. The current workflow required manual...
The first insurance companies formed after the Great Fire of... Chubb bought a company that makes leak detection systems and offers discounts to homeowners who install them. Manulife first...
Maintaining health insurance is essential to protecting your health and finances. If you missed open enrollment, you can still get coverage. Here’s how.
As a result, they must invest premiums received conservatively in order to have a ready reserve of liquid assets on hand to pay out those claims. Insurance company portfolio managers...
A lower deductible will curb how much you ultimately pay out... life/disability insurance, you must wait until the next open enrollment period or experience a life event to make a change....
Need help paying for health insurance? Learn how the premium tax credit health insurance subsidy works, how to apply, and how much you'll get.
If a health insurance company refuses to enroll you because you do not have a qualifying life event and it is outside the open enrollment period, you can request an open enrollment waiver to allow...
You can buy life insurance directly from an insurance company, or through an agent or broker. Here’s how to decide which is best for you.
This guide from Life Kit includes podcast episodes on how to select the right health care plan, a glossary of common insurance jargon and why you should give your summary of benefits a close read.
Obtain a property and casualty insurance license from your state. This license allows you to legally sell car insurance in the state in which you hope to operate your business, and ensures that you have the necessary knowledge and skills to do so.[1] ; Construct a business plan for your car insurance company. Your business plan should outline how you'll attract customers, which insurance carriers you'll work with, and what your start-up costs are expected to be, as well as your projected income ...