Technology in Insurance and Claims Management
Advanced insurance technology (Insurtech) is already a fundamental part of the property and motor industry, for both insurers and insureds. Insurance technology is primed to mature even more in 2021 and future years to come. In recent years, the insurance industry has been in the heart of a technology shift. Addressing many of the concerns brought upon by the COVID-19 pandemic.
We recently asked our team where their thoughts on technology in Insurance. These were their responses.
Daniel Hammelswang – Major Loss and Complex Claims Field Supervisor
Programs like Livegenic are really changing the industry and the way we assess and manage claims. I’m incredibly proud to be working for a company that’s on the forefront of this change, and it really is just improving insurance industry and the way we manage claims.
Lead Ahern – National Assessing Team Leader
I think in a lot of ways, technology is the future of insurance. So, what technology enables us to do as a business and more specifically, us as an assessing team. It empowers our people, enables us to get the best possible outcomes for our customers being both the insured and insurers, it feeds the data that we see in our Pin boards and enables us to really capture that risk and clearly analyse where we are.
Technology also enables us to connect the broker, the trade, the insured and the insurer all on one platform which is fairly unique in the industry.
Lux Ramachandran – Global Head of Risk, Compliance and Audit
Technology is the now of insurance. Leaders like Claim Central are at the forefront of the industry. We are really going to demonstrate to our customers the importance of technology and driving those advances and the benefits that they will receive from that.
Claim Central Pty Limited ABN 61 102 685 343 is a Corporate Authorised Representative (AR No. 001291075) of Insurx Pty Ltd ABN 85 628 930 334; AFSL 528534. The information in this article does not take into account the investment objectives, financial situation and particular needs of any particular person. Claim Central Pty Limited and its related bodies corporate make no recommendations as to the merits of any financial product or financial services referred to in this article, its website, emails or its related websites. Before acting on any information in this document, you should consider the appropriateness of it, having regard to your specific financial circumstances and requirements. In particular, you should consider obtaining independent financial, legal, taxation and accounting advice to ascertain whether you should acquire any financial services described in this document.
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