With advances in AI/ML technologies, it is possible to deliver nearly touchless claims processing. In 2017, 38% of insurance companies were already using the virtual claims approach to settle claims within two to three days, with only one or two touchpoints. The number has already gone up significantly in 2020 due to advancements in technology and the requirement of the current scenario driven by the COVID-19 pandemic. Our CEO Maneesh Madan will be explaining why adopting AI technologies for claims processing is not an option anymore for the insurance carriers.
Join us on Oct 29th at 10:30am PT at the Avanta Studios Showcase: Fall 2020, a celebration of the most innovative people and companies in the insurtech startup and tech community.