Breaking News
Bastiaan De Goei – Instabase – How AI Ensures A Speedy And On-Time Payment
Bastiaan De Goei, Insurance Leader at Instabase, explains how the usage of artificial intelligence can assist in increasing the speed at which a payout is sent after an insurance claim is made.
Instabase is a platform that enables organisations to automate and streamline their business processes by extracting, transforming, and analysing data from various sources, all in one unified environment.
“Other companies are able to automate the scan of the actual place where the accident took place. For the evaluation of that information, that is where companies like Instabase can play a role to interpret the full information of the contractor or field adjustor or extract the claims amount estimate, as well as the liability decision.”
“When working with Instabase, this particular type of life insurer [for a short term disability claim] was able to reduce the claims cycle time from two months, all the way down to two days. That makes a material difference for the customer.”
People In This Post
Companies In This Post
- Double UK eCommerce Award Shortlisting for Ecommpay Read more
- Candescent Appoints Donald Chesnut as Chief Design Officer to Drive Digital Innovation Read more
- Meanwhile Sees Unprecedented Demand for BTC Life Insurance, Offers Policy With 0.25 BTC Minimum Read more
- Global Payments Announces the Launch of its Genius™ for Enterprise POS Solution Read more
- Upbound Group Announces Appointment of Chief Growth Officer Read more
APIs to Always-On: Open Banking, Embedded Finance & AI Platform Engineering | FIS, HSBC Innovation Banking, BNY | The Fintech Show #159
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
APIs Transform Banking Integration
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
FIS and BNY on the Modernisation of Bank Tech
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
How Mastercard and G+D Are Shaping the Fight Against Fraud
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
FIS on Accelerating Innovation with CodeConnect
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
AI-Native AML: LLM Detection, Explainable Decisions & Human Oversight | Flagright, B4B Payments, Zero | The Fintech Show #158
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
Open Banking to Open Finance: FIS and HSBC Innovation Banking on the API Shift
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
Double UK eCommerce Award Shortlisting for Ecommpay
Ecommpay, has been shortlisted in two categories of the UK eCommerce Awards that celebrates outstanding platforms
Candescent Appoints Donald Chesnut as Chief Design Officer to Drive Digital Innovation
Candescent announced that Donald Chesnut has been named Chief Design Officer to develop exceptional digital experiences and innovation
Meanwhile Sees Unprecedented Demand for BTC Life Insurance, Offers Policy With 0.25 BTC Minimum
Meanwhile announced an update to its flagship Ten-Pay Whole Life policy, lowering the minimum from 1.0 BTC to 0.25 BTC
Global Payments Announces the Launch of its Genius™ for Enterprise POS Solution
Global Payments announced that its Genius solution for enterprise customers is available in the U.S.
Upbound Group Announces Appointment of Chief Growth Officer
Upbound appointed Ms. Rebecca Wooters to the newly created role of Chief Growth Officer
UPS and American Express Announce Collaboration at the Intersection of Logistics and Payments
UPS and American Express announced an expanded agreement to help small businesses grow and drive commerce in their communities
Zimpler Live With Swish As First Payment Institution Ever
Zimpler launched Swish Handel (Swish Commerce) and Swish Utbetalningar (Swish Payouts) for its partners