AI is changing the insurance industry, right down to policies

Insurance industry Policies - AI

Insurers are using artificial intelligence in a number of ways to improve offerings Artificial intelligence (AI) has taken steps into many different kinds of business, and the insurance industry is no exception. Technology is helping insurers to better understand consumers The insurance industry is able to glean information about consumers from many different sources. After all, the average American relies on tech in a host of different ways, ranging from social media posts and fitness trackers to smart home devices and telematics dongles installed in vehicles to track driving behaviors.…

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US government encourages insurance companies to advance pay health care providers

Insurance companies - American flag - person offering payment

After a massive cyberattack, the government hopes insurers will make advance payments. The US government has called for insurance companies to choose to voluntarily send advance payments to health care providers who were affected by a massive cyberattack. The attack caused a disruption to the processing systems with insurers. According to the US government, the cyberattack had a “significant impact” and it is hoping that insurance companies will choose to send advance payments to health care providers in light of what happened.  The attack impacted Change Healthcare, a UnitedHealth Group…

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Are Automated Driving Features in Your Car Really Safeguarding You?

who's behind the wheel

The rise of automated driving features has promised a future of hands-free convenience and enhanced safety. But are these advanced systems living up to their assurances, keeping drivers out of harm’s way? A recent study conducted by the Insurance Institute for Highway Safety (IIHS) forces us to confront the efficacy and safety of these technologies head-on. Partial Automation, Full Concerns Study Highlights Only one of 14 partially automated systems tested earned an “acceptable” rating. The majority of systems received a “poor” rating; none received a “good.” Marketing by some automakers…

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Insurance companies receive driver data from automakers

Insurance Companies collect driver data

Vehicle software can collect motorist driving behavior data and share it with insurers Insurance companies have been offering usage-based coverage plans to customers for several years, tracking driving behaviors in order to offer lower risk motorists the opportunity to save on their premiums. These plans use apps, dongles, or other forms of telematic tracking and transmitting methods The tracking can include recording how many times a motorist drives, how often they brake hard, if they speed, and how quickly they take corners. Many drivers have been hesitant to enroll in…

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Custom Front End Development

Front End Development helps with refresh sparkle factor

Currently, 59% of internet users possess and actively use three digital devices. To ensure you maintain engagement with your audience, it’s crucial that your web application performs flawlessly across a variety of devices, browsers, and operating systems. Your application needs to be quick to load, user-friendly, and dependable. This level of quality and accessibility is achieved through client-side development, an area where our expert team can offer substantial assistance. Access the Expertise You Require Our team of software engineers boasts more than six years of experience in crafting intricate web…

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