Claims Leakage is defined as the extent of financial loss due to errors, inefficiencies, or fraudulent activities in the claims handling process. And while that definition is well known to insurers who track their business closely, how to reduce or eliminate that leakage is still a challenge. Why is eliminating claims leakage so important? Even though […]
Spear Technologies’ SpearClaims™ Rated Technology Standout by Celent
DENVER, CO – Spear Technologies (“Spear”), a leading provider of property and casualty insurance software solutions, has been named a Technology Standout by Celent in their Claims Systems Vendors: North American P&C Insurance 2024 report. SpearClaimsTM is an integral part of SpearSuite TM, which includes claims, policy, billing, and portal core insurance software solutions. […]
Spear Technologies Launches Blog to Discuss the Benefits That Low-Code/No-Code Development Platforms Offer the Insurance Industry
Today, low-code / no-code development platforms (LCDP) are growing in popularity – and with good reason.