The Promise of AI for Claims Managers

As anyone who manages insurance claims knows, the greatest challenge is trying to predict the future. This is particularly true for larger insurance claims because of the variability of the outcome, but even small claims pose a threat to become large claims if not properly managed. When assessing new claims, the same questions frequently arise: What are the chances we’re going to lose, and how much will it cost?

Read this white paper to learn how AI can be used to predict the probability of future insurance claim outcomes – allowing more informed decisions earlier in the process.

You’ll learn how AI can be used to predict whether a claim is likely to exceed a certain cost threshold, which in turn can permit more informed decisions much earlier in the process. Armed with predictions like these much earlier, a claims manager can do things differently to prevent that claim from getting out of hand.