The Victory of President Donald Trump has Created Some Uncertainty in the Market. How will the Insurers Tackle this Change?

One of the most significant events in the American political history happened to be on the 8th of November, when real estate baron-cum-reality TV star Donald Trump was elected as the 45th President of the United States. However, the victory has created some uncertainties in the market, especially in the insurance marketplace. The one looming […]

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Outsourcing Auto Claims Management Services for Faster Claims Settlement Ratio

Competitive success in the insurance industry is something that is achieved when many things combine to focus on one particular undertaking. Outsourcing your companies auto claims management prerequisites is one such alliance that can benefit the overall process, stream the entire workflow, plus accelerating the claims settlement process. An outsourced claims management process can transform […]

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Boost your Customer Retention Rate via Big Data and Analytics

The insurance marketplace today faces one of the biggest hurdles, which is to retain their customers. The present environment depicts a low trust confirmed in the insurance companies by their clients as trusting some of the policies has become a tough ask. However, with emergence of Big Data and Analytics insurers can very well churn out vital […]

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Big Data Analytics Understanding the Importance Descriptive, Predictive and Prescriptive Analytics for Insurance Companies

Knowing what is going around you, what has happened or what is about happen is called smart management with a keen observation of information floating around. A similar trend today, is seen in insurance businesses, where with the use of Big Data and Claims Analytics, insurance organization and risk managers overlooking the claims are using Descriptive, Predictive and Prescriptive […]

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Predictive Analytics Solutions in Healthcare Insurance – A Boon For Insurance Buyers as well as Payers

Predictive analysis in the healthcare insurance sector has achieved a paradigm shift from the customary traditions of risk assessment with analytical approach. It has the ability to change the way healthcare providers support health and well-being, while also keeping in mind the risk involved with each claim. In a recent Food and Health survey, studying customer state […]

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Predictive Analytics – An Overview of Analytics in Claims Management

Claims management experts today, if one has to draw up comparison can be associated to a warrior on mission. The only difference here is that he/she are not there to assassin people, but to make sure they get their payouts, dues, co-pays and reimbursement on time. While we talk about rolling a crystal ball in Healthcare Claims […]

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Achieve Desired Business Outcomes by using Predictive Analysis

To contend successfully in a period where commercial benefits are scarce, healthcare organizations need to move beyond customary, rear-view understandings of business execution and client conduct and turn out to be more proactive. If your company is struggling for the same, then predictive analysis is the way forward. To have a financial bottom line that positively speaks about an organization’s work […]

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Is Claims Analytics Services Affordable for Small to Medium Healthcare Payer Companies?

Altering healthcare costs, changes in the Medicaid and Medicare procedures, stringent rules and regulations have certainly put Healthcare and Insurance companies in need for Analytics services. These Analytics services are specially needed by small to Medium sized companies who don’t have a department dedicated to Analytics but definitely need the benefits of such services. Inniti […]

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