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Leveraging Technology for Claims Handling

Leveraging Technology for Claims Handling

Property & Casualty insurers face claim expenses in various process of reporting, assignment, adjusting, investigating, and payments which are currently time-consuming, manual, and complex. As a result adjusters will have more time to concentrate on other areas like claim process efficiency, Fraud Detection and Subrogation. Recent initiatives by insurers clearly depict effective use of technology to speed up the claim processes, detect fraud, and reduce claim leakage, while remaining compliant with the regulations.

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