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Outsourcing claims administration to a Third-Party Administrator (TPA) has long been a practical strategy for Public Entities & Risk Pools looking to reduce operational overhead. But as expectations for transparency, speed, and cost control increase, highlighting the need for better claims management oversight, more risk managers and claims leaders are rethinking the technology behind those […]
Third-Party Administrators (TPAs) are under growing pressure to do more than simply process claims—they’re expected to deliver measurable value to clients. Whether working with insurers, self-insured employers, or public entities, TPAs must demonstrate transparency, responsiveness, and cost efficiency. The right claims management software can be the difference between meeting client expectations and exceeding them. As […]
In today’s evolving insurance landscape, selecting the right Claims Management Software is critical to operational success, customer satisfaction, and long-term profitability. As public entities, TPAs, risk pools, and insurers face increasing demands for efficiency, transparency, and risk mitigation, investing in the optimal Claims Management Solution becomes a key strategic priority. Why Choosing the Right Claims […]
Third Party Administrators (TPAs) are the operational backbone for many insurers, self-insured organizations, and public entities. Tasked with handling high volumes of claims across diverse clients – each with unique requirements – TPAs require more than just functional claims management software. They need modern Third-Party Administrator software that is agile, intelligent, and built for scale. […]
When organizations partner with Third Party Administrators (TPAs) to manage Property & Casualty claims, they expect more than just processing support—they expect strategic value, transparency, and outcomes that align with their goals. However, the effectiveness of a TPA relationship hinges on the capabilities of their claims management software. If the system lacks visibility, flexibility, or […]
How AI-Powered Insights Are Reshaping the Future of Insurance AI & analytics for insurance are no longer future trends—they are essential tools for insurers looking to compete and grow in today’s data-driven market. As carriers face pressure to lower costs, streamline operations, and deliver better policyholder experiences, artificial intelligence (AI) and advanced analytics provide the […]
The insurance industry is no stranger to disruption. But as technologies mature and customer expectations evolve, insurers are rethinking the very foundations of their operations. At the center of this transformation is the rise of AI-powered core systems — modern platforms that don’t just process transactions, but actively learn, adapt, and optimize. This isn’t just […]
Why Owning Your Core Technology Can Drive Better Financial Outcomes For small and mid-size P&C insurers, every investment must deliver meaningful value—and technology is no exception. As core systems become outdated and vendor lock-in continues to drain resources, many insurers are reevaluating the true cost of traditional vendor-managed solutions. The good news? A modern, customer-managed […]
DENVER, CO — Spear Technologies (“Spear”), a leading provider of award-winning core software solutions for the insurance industry, today announced a suite of advanced AI enhancements designed to streamline operations, boost productivity, and enable faster, data-driven decision-making across SpearSuite™—its award-winning suite for claims management, policy administration, billing, and portal solutions. The new capabilities leverage generative […]
A Smarter Way to Innovate and Operate As P&C insurers look to modernize operations, improve agility, and deliver better customer experiences, one technological trend is standing out: low-code/no-code insurance platforms. These platforms are transforming the way insurers configure, extend, and deploy core systems—without the long timelines, steep costs, or technical debt associated with traditional software […]