by RustyStick | Feb 19, 2025 | Insurance
Insurance fraud is as old as the industry itself. From inflated claims to staged accidents, fraud not only inflates premiums for honest policyholders but also drains millions—if not billions—of dollars from insurers every year. Historically, fraud detection relied...
by RustyStick | Feb 19, 2025 | Insurance
In the insurance world, claims are the ultimate test of an insurer’s promise to customers. The quicker and more accurately a claim is processed, the higher the customer satisfaction—and the greater the likelihood of renewal. Yet many organizations still wrestle with...
by RustyStick | Feb 19, 2025 | Insurance
The insurance industry is experiencing a transformational shift, driven by customer demands for swift, digital experiences and the urgent need to reduce operational complexity. Nowhere is this change more evident than in the submissions process, a critical gateway for...
by RustyStick | Feb 19, 2025 | Insurance
Underwriters make critical decisions every day—evaluating risks, setting premium levels, and shaping the profitability of insurance portfolios. However, the data-intensive nature of underwriting often forces them to wade through paperwork, emails, PDFs, and internal...
by RustyStick | Feb 18, 2025 | Insurance
Submission management has long been the lifeblood of the insurance underwriting process—yet it’s often riddled with inefficiencies, manual data entry, and siloed systems. As insurers grapple with rising competition, stricter regulations, and expanding portfolios, they...