Claims Handling Expenses: The costs associated with processing and administering claims, including personnel, technology, and overhead expenses. These expenses directly impact an insurer’s bottom line, making it essential to find ways to minimize expenses while maintaining high-quality service in order to remain competitive in the market. While most insurers have already made considerable efforts to […]
Eliminating Claims Leakage
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 Announces Highview National Has Gone Live with its Complete Property & Casualty Insurance Suite Software
After a fast and smooth implementation process, Highview is now leveraging the powerful and flexible capabilities of the core software suite across its operations.
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.
Protected: AI, Low-Code Platforms, and Customer-Managed Core Systems
There is no excerpt because this is a protected post.