Subrogation is a relatively manual, time-consuming process often requiring physical checks to be mailed on a claim-by-claim basis between insurers. Sounds laborious, doesn’t it? That’s

Artificial intelligence (AI) holds a lot of promise for the insurance industry, particularly for reducing premium leakage, accelerating claims and making underwriting more accurate. AI

Although I’m a big believer in the prospects for artificial intelligence, and we’ve certainly published a lot to that effect here at Insurance Thought Leadership,

(Image source: Branch Insurance homepage.) Snapsheet (Chicago), a provider of virtual appraisals and cloud-based claims management software, has announced that Branch Insurance (Columbus, Ohio), an

(Image credit: Mohan Nannapaneni.)  Xceedance, a Boston-based consulting, technology, and managed services company focused on property/casualty insurance, has announced the expansion of the company’s Claims Services Division

While the insurance industry has long played it safe, innovation is now accelerating as digitization is gaining ground in more business sectors and the pandemic

While the enormous potential for blockchain in insurance has been apparent for a while, I’ve been waiting to see a breakout application hit the real

Blockchain innovation is gradually taking hold in the insurance sector in an unprecedented way. Insurance giants and startups worldwide are attempting to use blockchain-based solutions

Artificial intelligence (AI) has an immediate potential to make the insurance industry more profitable. It can cut down on inaccurate claims, reduce operating costs, help

Finance and insurance companies have been leveraging synthetic data for many years to improve their workflows while ensuring information confidentiality. With the COVID-19 pandemic, scientists