insurance claims

Nearly One-Third of Insurance Consumers Prefer Not to Pay Extra for Real-Time Payments
Nearly One-Third of Insurance Consumers Prefer Not to Pay Extra for Real-Time Payments
October 17, 2023  |  Insurance

Legacy payment systems in the financial and insurance industries have often resulted in delays, errors and complications, leading to damaged customer loyalty and lost business....

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CCC Eyes Digitizing Parts Ordering as AI Transforms Auto Claims
CCC Eyes Digitizing Parts Ordering as AI Transforms Auto Claims
August 01, 2023  |  Insurance

CCC Intelligent Solutions delivered second quarter results that show increasing traction in using advanced technologies — artificial intelligence (AI) included — to improve auto claims...

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Why We Should Be Optimistic About the Future of AI
Why We Should Be Optimistic About the Future of AI
June 14, 2023  |  News

Does the hyper rapid rise of artificial intelligence (AI) signal the end of the world? Or the start of a new era?  Jason Verlen, senior vice president, product...

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Digital Shortens the Distance Between Accident and Auto Claims Payouts
Digital Shortens the Distance Between Accident and Auto Claims Payouts
May 03, 2023  |  Disbursements

The auto claims payment process is ripe for a technology-led overhaul. “There are inefficiencies and manual processes, and the processes are not yet fully connected,” Kelli...

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$277B in Insurance Payouts Sent Via Instant Payments in 2022
$277B in Insurance Payouts Sent Via Instant Payments in 2022
February 09, 2023  |  Disbursements

Nineteen percent of consumers received at least one insurance disbursement in 2022, and more of these roughly 49 million consumers are looking at instant payouts...

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PYMNTS Intelligence: Why Money Mobility in the Insurance Industry Is More Important Than Ever
PYMNTS Intelligence: Why Money Mobility in the Insurance Industry Is More Important Than Ever
January 27, 2023  |  Money Mobility

In a climate of economic uncertainty and consumer dissatisfaction, it is crucial that insurance companies understand what customers are looking for from their insurance providers....

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Automation Helps Minimize Friction In Online Insurance Claims Process
Automation Helps Minimize Friction In Online Insurance Claims Process
December 23, 2022  |  Insurance

Automation can be the missing link to minimizing friction in the online insurance claims process. In fact, when it comes to making an insurance claim,...

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APIs Bring Much-Needed Payments and Payouts Relief to Africa’s Insurance Sector
APIs Bring Much-Needed Payments and Payouts Relief to Africa’s Insurance Sector
August 04, 2022  |  API

Money moves from a consumer to a business and often there’s a use case in which that needs to move back out whether as refunds,...

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How Mobile Technology Is Changing Insurance Claims
How Mobile Technology Is Changing Insurance Claims
April 10, 2020  |  Disbursements

With the COVID-19 pandemic proving to be financially stressful, more consumers are seeking to receive funds or claim payments from businesses or insurers more quickly...

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