3 min read
Streamlining Total Loss Lienholder Payments (Claim Payment Challenge Part 2)
In part 1 of this four-part series, we introduced four inherent claim payment challenges involved with paper check...
In part 1 of this four-part series, we introduced four inherent claim payment challenges involved with paper check...
Changes in consumer behavior toward digital demand increased exponentially in 2020. As Satya Nadella, Microsoft’s CEO...
Not only is paper check payment much slower (5-7 days) and more expensive (10x more) than digital payments, but it also...
By Chris Piwinski on Nov 15, 2018 2:06:53 PM
In a survey of risk managers, 46% said they will be considering the use of drones within their own businesses in the next year, with 7% already using drones in business operations. Today, more than 100 insurance companies have received approval from the Federal Aviation Administration (FAA) to test drones for various commercial purposes in the U.S. But as drone use increases, drone-related claims in the insurance industry are also expected to increase.
By Chris Piwinski on Nov 5, 2018 11:30:41 PM
From claims support to fraud prevention, drones are expected to have a $6.8 billion impact on the insurance industry over the next few years. A key area where commercial drones are particularly useful is in claims, helping insurers save time and reduce losses. Here’s how:
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