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\u201cSo often we look at this technology and ask: how are we going to settle these claims quicker and more accurately.\u201d

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People need insurance.

But people don\u2019t need the often outdated systems surrounding traditional insurance systems. This is where Insuretech comes in\u2014the sprouting industry sector that brings robust technologies to improve the sometimes boring, paperwork-filled experience of the insurance world.

We\u2019re talking drones, robots, cameras\u2014those technologies that take what a human can do and multiply it by a thousand, ten-thousand, and even more.

So today, on the FNO: InsureTech, we are diving deep into the world of insuretech. In this episode, we unpack the vision of our podcast\u2014how we are going to explore the intersection of insurance technology and claims.

Tune in to this inaugural episode to hear about many of the key players and where insuretech and claims intersect.

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• The more a system adopts machine-learning, the less human labor is required
• When in doubt, follow what the tech giants are doing (Google, Amazon, etc.)
• Carriers are currently seeking out technology to mitigate the claim altogether
• • Ex: Water flow detection devices to track water loss
• People theorize Insuretech\u2014as an industry\u2014is moving slower but the disruption will be greater
• Customers are happiest when there is no claim altogether
• Technological uncertainty has created a tension between the vendor and carrier
• Check out the companies: Hover and QBE to prepare for future episode

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Fourseventy Claim Management

www.470claims.com

Hosted by Rob Beller and Lee Boyd