The protection of sensitive data is paramount. Claims management has become a prime target for cyber threats. In this blog post, we’ll explore the critical importance of cybersecurity in claims management and share strategies on how to effectively protect sensitive data. The Growing Threat to Sensitive Data As insurance companies and claims management organizationsRead more
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Are you ready for the biggest annual gathering of workers’ compensation leaders in the country? National Comp 2023 is just around the corner, and it’s shaping up to be the most exciting event in the field yet. From September 20 to 22, 2023, the Mandalay Bay in Las Vegas, NV, will host the nation’s premierRead more
Choosing the right claims management software is crucial for insurance companies, requiring efficiency, accuracy, and effective workflow management. With so many options available, it can be challenging to identify the software that meets your specific needs. This article will simplify the process for you. Keep reading to discover the key factors to consider when selectingRead more
Knowledge is power in Insurance Claims Management. In other words information, is the most valuable asset for any company. Losing data whether temporarily or permanently, can be anything from a headache to a lawsuit. Cloud Technology is an extensive and powerful answer that provides security information especially for sensitive data. For InsurTech, cloud technology isRead more
The insurance industry has had to adapt to an unpredictable world, therefore adjusting premiums without making them so expensive that they become unaffordable. Cybersecurity has proved to be a big issue, even for the so-believed safest companies. Even large companies suffered leaks and cybernetic attacks. Increasing productivity in an ever-changing work dynamics and market hasRead more
Stronger than the Sum of its Parts One aspect of technology that gets little attention. Technology can upgrade itself, and developers can combine different technologies for better results, that is why APIs (Application Programming Interfaces) are so popular. API’s allow information interchange between applications, thus providing more robust databases and functionality. Let’s explore how integrationsRead more
Customer Success: The Key to Business Success “It is more expensive to generate a new customer than to keep an existing customer” is common knowledge in business. The principle of retaining customers is the main driving force behind Customer Success: give customers a good experience and you’ll keep their business or generate positive referrals. Read more
SaaS (also known as ‘Software as a Service‘) is software accessed through the internet. This means there are no installations involved, full scalability, 24-hour support, and no need for any disk space or top-notch computers. Software as a Service is typically accessed for a monthly or yearly fee. It’s called Software as a Service because thereRead more
What is a Professional Employer Organization? A professional employer organization (PEO) focuses on Human Resources (HR) responsibilities. Payroll, benefits, legal, and taxes are a few things PEOs can help with. A PEO also helps companies through different processes. For example, consider hiring and compensating international employees. PEOs help the hiring company and employees stay inRead more
The adage “Time is money” proves more truthful for the insurance industry than most industries. When a claim takes time, it tends to become more expensive. It brings up the question, how much faster can you process claims? When an insured files a claim, they need to attend to an occurrence. Whether it’s a carRead more
