Y Combinator’s Post

As the adoption of AI by insurance companies becomes increasingly widespread and acknowledged by various bodies, including The National Association of Insurance Commissioners (Digital Insurance), there is the unexplored possibility of new tech making greater inroads into the nuances of claims management. Charlee.ai’s AI algorithms are governed by 55M+ pre-trained claims insights, specifically in the insurance domain for the various lines of business including property, business, and casualty insurance. They integrate seamlessly with your claims management systems while safely overseen by industry-governed regulatory practices. #NewTech #Claims #Insurance #CharleeAi

It’s great to see the insurance industry embracing the power of AI to not only enhance operational efficiency but also improve the overall claims experience and increasing RTW rates for #IncomeProtection. This is another step towards EvolutionIQ mission of optimizing claims management while improving outcomes for claimants. #RTW #ClaimsManagement #EvolutionIQ .https://lnkd.in/ejT-tN6B

Legacy systems drive up costs and delay response times. From increased manual errors to limited analytics capabilities, these systems can significantly impact the bottom line. In our latest blog, Jennifer Queen (Watson), Customer Success Manager at Owl.co, talks about the potential for advanced analytics to streamline claims processes and about how AI and automation can improve decision accuracy and ultimately increase customer satisfaction. Read about the cost of outdated technologies in the insurance industry and how upgrading systems might be the investment needed to stay ahead in a competitive landscape. #InsurTech #insurance #InsuranceClaims #InsuranceInnovation #DigitalInsurance #TechInsurance #AIInsurance #AIforInsurance #ArtificialIntelligenceinInsurance #ClaimsSoftware https://shorturl.at/aptO3

Check out Owl's latest blog!!

COVU Secures $12.5M in Series A Funding to Transform Insurance Services Learn more & get our take 👇 https://lnkd.in/gWVKKPQU “This funding enables us to double down on our investment in AI-native services and to help our agency partners scale, optimize their operations, and deliver the superior customer experiences their clients expect.” — Ali Safavi, Co-Founder and CEO at COVU “COVU is pioneering the future of insurance servicing by blending AI-driven insights with a human touch... We believe their model is key to unlocking the next phase of growth in the industry.” — Eric Benhamou, Managing Partner at BGV “COVU’s innovative approach to combining AI with human intelligence is setting a new standard in insurance servicing.” — Parker Beauchamp, Founder at Markd #SoTNews

#TechTuesday The Power of Real-Time Insurance Verification with AI 🚀 Manual insurance verification is prone to delays and errors, leading to claim rejections and patient dissatisfaction. With AI-driven real-time verification, you can eliminate these issues, ensuring faster, more accurate results. 💥 Here’s why it matters: Prevent Claim Rejections: Catch errors before they lead to costly denials. Enhance Patient Satisfaction: Provide quicker, more accurate verification for a smoother patient experience. Increase Efficiency: Automate the process to free up your team for more impactful work. Isn’t it time to upgrade your verification process? Jorie AI’s automation simplifies workflows, enhances accuracy, and boosts patient care. 💡 👉 Discover more at https://bit.ly/40CGsYE #TechTuesday #AIinHealthcare #InsuranceVerification #JorieAI #HealthcareInnovation

Both generative AI and insurance agents make distinct contributions to the industry. Automation in underwriting streamlines processes, but only experienced agents can navigate complex insurance issues after natural disasters or exceptional health outcomes. Mithun Madhu M P, Operations Account Manager, compares the merits of AI and human insurance agents and explores the dynamic balance between the two in his blog. Check it out here! https://lnkd.in/gaS8RJKR #insuranceAI #insurancetechnology #insurtech #futureofinsurance #insuranceagents #futureofinsurance #digitaltransformation #customerexperience #insuranceIndustry #insuranceservice #insurancetrends #rrd #rrdgocreative #rrdsmartworksolutions #globaloutsourcing

New Release 🚀 #SmartClaims Discover how AI Power can address underlying issues in various claims processes. We're a seasoned team in the insurance industry, and today, we're eager to assist other companies in providing swift, high-quality solutions. Come and see for yourself! 🙌🏻 #insurance #claims #AI #artificialintelligence #travelinsurance #autoinsurance #lifeinsurance #healthinsurance #businessinsurance #smartclaims

To fully resolve insurance verification, it's essential to trace back to the initial patient call at the office, which serves as the starting point. This is the rationale behind developing our Voice AI integrated with Insurance Verification and Call Center functionalities. Our goal is to ensure comprehensive assistance to our DSO customers, resolving the entire process rather than only parts of it. With VoiceAI, we can manage incoming calls, collect relevant data, and conduct insurance verification before the information reaches the PMS (Practice Management System). #insuranceverification #dsos #dentalAI

Providers, let's get real for a moment... The insurance industry is changing. Doctors no longer get paid what they should for their hard work and expertise. If you are a provider and you're seeing this, can you relate? Fluidity-ai is determined to get you your worth when submitting claims. Through negotiations, AI technology and many years of experience, we are getting our providers larger reimbursements for their procedures. Let's chat about it!