Claims

For the past couple of years, the use of microservices architecture has...

The insurance industry faces the ongoing challenge of communicating the intangible value of its services and dispelling the notion that insurance is a mere financial burden until a crisis unfolds.

With the perfect business insurance offering coverage for these potential risks, business owners are able achieve peace of mind and focus their attention on operating a productive, profitable and personally rewarding business for years to come.

The claims process is not seen as revenue-generating, hence the insurance industry has a tendency to hold back on improvements and modernization projects.

Technology modernization is vital, but—given the significant value at stake and the size of the investment—it should be approached with a healthy dose of caution. Indeed, many insurers miss out on the full benefits of the program for several reasons.