In a world where business landscapes are in constant flux, understanding and managing risk is more crucial than ever.
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In a world increasingly shaped by the unpredictable forces of nature, the insurance industry stands at a crossroads. The rising frequency and severity of natural disasters have compelled insurers to rethink their strategies. In July 2024, State Farm made headlines by dropping 1,600 policies in...
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As a Medical Director of a testing lab, your commitment to operational excellence is paramount. You strive to provide the best turnaround times in the industry, knowing that patients eagerly await results to advance their care. Achieving this balance of efficiency and quality, while also...
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Jetfile announces partnership with Aviana to offer Insurance Risk Insights Solution (IRIS) to clients IRIS leverages data and adds predictive science to mitigate risk for commercial property carriers Jetfile, a leading provider of insurance management solutions, today announced a strategic partnership with Aviana to provide...
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In this era of swift advancements, the property and casualty insurance industry stand on the cusp of a significant transformation. The relentless pace of technology, especially Artificial Intelligence (AI), promises a future where efficiency and customer satisfaction are not just goals but realities. As a...
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Don’t let the challenges of today’s banking industry hold you back. Empower your team to prevent loan defaults and improve your bottom line with NEMESIS.
Financial services are facing challenges in increasing their share of wallets due to fierce competition from other institutions providing better offers or more competitive rates. Furthermore, smaller institutions lack the same range of products and services as larger banks, making it difficult for them to…
Claims fraud has infected the insurance industry for decades, impacting nearly all lines and now costing billions of dollars nationwide. The good news is that new technology gives us better ways to identify and stop fraud before it’s a high exposure loss.
According to Sumsub’s report published on BusinessWire, in 2022, fraud has dramatically increased in five countries, with 5.1% in the USA alone. The report stated that fraud in the banking sector has increased nearly 100%. Account takeovers and chargeback fraud are popular schemes used by…