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2023 NOV 25 (NewsRx) -- By a News Reporter-Staff News Editor at Obesity, Fitness & Wellness Week -- A new study on pharmacogenomics is now available. According to news originating [...]

Byline: C.J. Moore Technology innovations such as virtual inspection tools can slash the time it takes for finance-and-insurance companies to validate claims for damaged vehicles by removing in-person confirmation. JM&A [...]

Guidewire Software reported availability of Banff, the latest release of its cloud platform. According to a media release, in addition to the Banff release, Guidewire will also outline its vision [...]

Origami Risk reported it has been ranked among the 'strong performers' for property/casualty insurer claims management systems in the first research report analyzing providers in this category by Forrester. According [...]

Infinilytics reported Aspire General Insurance Company (Aspire) has selected the company's AI-based, smartC platform, and its Charlee Suite (Charlee) of claims optimization tools, to streamline the claims process, reduce costs, [...]

Insurity reported that Olympus Insurance Company (Olympus), a Florida homeowners insurance company, successfully implemented SIMS Claims as part of its plan to bring claims in-house. The system is being hosted [...]

Rush University Medical Center has adopted the real-time pensions risk analytics and reporting platform, PFaroe, to help measure and manage investment risk in its pension plans. According to a release, [...]

Loss costs and processing expenses devour three-quarters of every premium dollar, and old-line claims processing systems haven't got what it takes to reduce claims outflows--but replacing them is rarely practical […]

With information technology budgets remaining steady while IT demands keep growing, insurance companies are carefully evaluating the performance of their technology partners and--in many cases--are choosing to reduce the number […]

Claims service is both one of the most important and most difficult tasks for insurers. A good combined ratio depends on spending as little on claims as possible, but overall […]

One of the earliest promises of the computer revolution was to remove paper from the office. That also proved to be one of the earliest broken promises, since paper usage [...]

Accenture G. Victor (Vic) Guyan Parsippany, NJ 07054 267-216-1049 www.accenture.com/claims e-mail: Claims.Solution.Group@Accenture.com Product: Claim Components. Internet-based claim management software and tools. AcroSoft Corporation Dick Greene Columbia, SC 29229 803-699-7778 e-mail: [...]

As the market hardens and organizational leaders become increasingly concerned with the cost of insurance and the cost of loss (especially if self-insured), risk managers must find better ways to [...]

Fineos Corp. reported the successful go live of Fineos Claims at the New Zealand Defence Force (NZDF). According to a media release, the Fineos system will support the Veterans Support [...]

In 2009, health care fraud will cost the United States as much as $485,000 per minute, according to statistics from the National Health Care Anti-Fraud Association (NHCAA), (1) which conservatively [...]

[ILLUSTRATION OMITTED] FINDING SOMETHING TO GIVE INSURANCE CARRIERS a competitive edge in today's economy might be difficult, but for claims professionals, the choices are both varied and enabling. Indeed, the [...]

It goes without saying that these difficult economic times are affecting every sector of the health care community--payers no less than any other. Current belt-tightening means fewer opportunities for revenue [...]

The difference between a thriving physician practice and one that struggles can often be found in how quickly it turns claims into cash. Each patient encounter represents revenue, but a [...]

PERHAPS the best way to understand the value of the "connected enterprise" is to reflect on the costs--in money, time and customer satisfaction--of the disconnections that continue to plague the […]

Carriers are streamlining how they underwrite homeowners insurance with new technologies that enhance a range of capabilities from calculating residential replacement costs to estimating portfolio risk. As a result, they [...]

AcroSoft Corp. 110 Wildewood Business Park Ste. A Columbia, SC 29224 US Phone: 803/699/7778 ext. 15 Fax: 803/699/7764 www.acrosoft.com Contact: Dick Greene Phone: 803/699/7778 ext. 15 Fax: 803/699/7764 dgreene@acrosoft.com AcroSure […]

AMS Services Inc. 3 Waterside Crossing Windsor, CT 06095 US Phone: 860/602/6000 Fax: 860/602/6011 www.ams-services.com 800/444/4813 Contact: Lisa Farren Phone: 800/444/4813, option 1 salesinfo@amsworld.com AfW Online AfW Online is the […]

Byline: Editorial Staff Among P&C insurers, claims systems and process capabilities vary widely, potentially affecting loss results, according to the 'Novarica Claims Capabilities Maturity Model,' which is based on a [...]

Byline: Matthew Josefowicz In insurance technology, it often seems that the more things change, the more they stay the same. Despite the rapid changes in technology across the economy, the [...]

Byline: Editorial Staff 'The insurance industry is maturing,' says Mark Gorman, CEO and founder of The Gorman Group, an insurance business-analytics and integration consultancy. 'And we're seeing insurers move from [...]

Byline: Chris McMahon A verse from Lou Reed's 'New Sensations' has been stuck in my head, and not just because the legendary rocker recently died. In the song, Reed describes [...]

Byline: Justin Stephani Data quality is the top challenge facing 57 percent of large insurers employing analytics, according to '2013 Insurance Predictive Modeling Survey,' from Earnix, a provider of analytics [...]

Byline: Rob Mcisaac The theme of this issue is Best of the Year and, unequivocally, this year's best example of a cautionary tale for insurance company CIOs was the highest [...]

Byline: Chad Hersh Three years ago, I gave a presentation trying to distinguish 'modern' P&C core insurance systems from truly modern ones, arguing that a modern codebase, essentially .NET or [...]

Byline: Mike Tsikoudakis The massive tornado that devastated a large area of Moore, Okla., on May 20 provided scientists and engineers an opportunity to gather critical windstorm information for catastrophe [...]

Byline: BILL KENEALY Technology trends such as cloud computing and 'appification' are changing the frequency and speed of developing software and, in turn, the way technology providers deliver those features [...]

Byline: BILL KENEALY Using predictive modeling to augment claims management systems is expanding beyond insurers and third-party administrators, those familiar with the technology say. By helping claims professionals get a [...]

The Building Cost Information Service has launched a tool that aims to enable insurers to accurately calculate their reinsurance requirements with regards rebuilding costs of residential properties. Containing more than [...]

Byline: Jane Bernstein There is a consensus in terms of modernising claims handling, that the London market has come a long way in a short time, since the introduction of [...]

BEAZLEY LAUNCHES GUIDEWIRE CLAIMCENTER Beazley Group a London-based provider of a variety of commercial and specialty lines insurance, reports that it has completed implementation of a new claims handling system [...]

GUIDEWIRE RELEASES CLAIMCENTER 6.0 San Mateo, Calif.-based Guidewire Software has released Guidewire ClaimCenter 6.0 - the latest version of its claims system for P&C insurers. ClaimCenter is an end-to-end claims [...]

The chief executive of insurance software specialist Insurecom has boasted that his firm is now the 'go-to' technology company for insurers looking to distribute new products to brokers. Phillip Walter [...]

With the compliance pendulum swinging ever more to the direction of more audits, more fees and more time out of your day, wouldn't it be wise to conduct your own [...]

On January 16, 2009, Minnesota is set to become the first state to require all health care providers and insurers to submit claims and eligibility transactions using a standard format, [...]

Accuracy of claims is a sensitive topic for insurance carriers, and occasionally has landed Allstate, the country's second-largest provider of personalized insurance after State Farm, some negative publicity. The carrier […]

DIRECT MARKETING TOOL ENHANCED Melissa Data announced the addition of multi-platform capabilities to the Canadian Address Object, a complementary product to the Rancho Santa Margarita, Calif. company's Data Quality Suite, [...]

BPMS Said To Cut cost and boost compliance Business process management suites (BPMS) show promise for insurance applications, but to date the applications have been limited, according to Boston-based Forrester [...]

FAIRFIELD, Ohio-The Ohio Casualty Insurance Co. has selected Guidewire Software Inc.'s ClaimCenter system to support the Fairfield, Ohio-based insurer's end-to-end claims process for personal and commercial lines of business. The [...]