Supercharging Claims Management: How AI & ML are Empowering Insurance Professionals
Efficient and effective claims management processes begin with a knowledgeable and experienced staff. The unfortunate reality, though, is that claims professionals are increasingly being called upon to do more with less. Given high caseloads and tight deadlines, how can claims managers digest the mountains of information available to them, quickly discern the most relevant details, and assess their options?
In this white paper, you will learn how:
- AI tools and claims analytics can help identify the most relevant information attached to each claim
- Predictive analytics can assess the likelihood of different outcomes and score a claim based on risk and complexity
- AI/ ML algorithms can assist claims management teams by recommending actions which are most likely to lead to positive outcomes