Drivers have experienced a significant rise in motor insurance premiums, which increased more than 8% in the year leading up to May. Repair costs have escalated due to a 23% increase in settling claims in just the first half of last year, as reported by the Central Bank. The Alliance for Insurance Reform warns that these rising claims could lead to even higher premiums.
In many insurance transformation initiatives, every team begins by modeling the interface, which involves writing stories for forms, APIs, or dashboards. Legacy systems don't behave on the interface level, though. They act at the process level.
This exciting partnership ensures that employers can provide their people with financial protection solutions that comprehensively cover the areas that are important to them.
Verily's acquisition of its stop-loss insurance subsidiary to Elevance Health strengthens its financial position and allows reinvestment towards strategic AI priorities.
Interaction is by far the biggest driver of loyalty with our customers," Aleksandar VidoviÄ, the CEO of Zurich's AI and analytics company, ZCAM, told Business Insider.