Enservio rolls out ContentsAnalyzer Fraud Detection Solution for Insurers

  First fraud detection system that scores at the claim-line level during claims processing NEEDHAM, Mass. – September 14, 2015 – Enservio, Inc. today introduced ContentsAnalyzer™, the industry’s first and only fraud detection solution that identifies and scores fraudulent claim items at the individual line item level in real-time as claims are processed. Available as a monthly service subscription, ContentsAnalyzer targets soft or opportunistic fraud for home contents claims relating exclusively to theft. The anti-fraud tool will eventually support modules to detect fraudulent insurance claims as it pertains to other…

Read More

The Insurance Industry and Technology

social technology insurance industry

The insurance industry has long been wrestling with ways to engage and retain customers. Like any business, insurance companies have to evolve with changing times and the way that consumers interact with one another and how they choose to interact with companies. Technology has become one of the most powerful forces in the world and insurers are having trouble adapting to this fact. Throughout the insurance industry, companies are beginning to adopt new business strategies that are based on the use of new technology. Some of this technology has to…

Read More

Technology Is Changing the Insurance Industry

insurance industry technology

Technology is beginning to play a major role in the lives of people everywhere. People are beginning to use mobile devices and traditional computers more frequently, and this is having an effect on their daily lives. Businesses are also beginning to become more reliant on various forms of technology, including those in the insurance industry. The advent of technology is having a major impact on the industry and how it operates in three ways. Accessible Information Technology is making information much more accessible than it has been in the past.…

Read More

Technology is becoming a priority for the insurance industry

Insurance Technology investments

Survey highlights the growing interest insurers are showing in technology Technology may soon be receiving more attention from the insurance industry. A new survey conducted by Xchanging shows that the industry is beginning to better understand the importance of technology and how it can be used to connect with and serve consumers. The insurance industry is notoriously slow in embracing new technology, opting to hold to traditional engagement methods that have been in used for decades. As technology begins to play a more important role in the daily lives of…

Read More

Insurance news from Fifa includes required coverage for goal-line technology

Insurance industry News

Companies may proceed with the installations provided they purchase coverage. Fifa has made insurance news when it announced that goal-line technology companies may proceed with their installations provided that they purchase insurance coverage in case leagues or clubs take legal action alleging that the systems are not functioning properly or that they are inaccurate. Licenses have been given to both GoalRef and Hawk-Eye by Fifa. Those two companies have made their own insurance news by being the first to receive Fifa’s authorization for worldwide installation of their systems as long…

Read More

Medicare quote engine growing to assist agents and brokers

JHPInsite is happy to announce that they have recently added new geographical areas to their supplemental Medicare quote engine. Now covering four times the states it did last year, they are hoping to cover all of the United States by this coming March. Their quote engine is offered to insurance agents, allowing them to offer quotes on their own websites. When a customer submits their information, they can instantly see comparisons of several health plans from a variety of companies. Then, the customer can choose to apply online or request…

Read More