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SpearClaims™, powerful, intuitive claims management software that allows P&C insurers to manage claims from FNOL to settlement. Manage the entire claims lifecycle with award-winning software that supports automation, documentation, and real-time status tracking.
It seems that lately, everywhere you turn, you see AI in the headlines, particularly the topic of Generative AI and its promises for changing the way organizations do business. How much of the “Generative AI is transforming the insurance industry” promise is hype, and how much is reality? First, it helps to define Generative AI […]
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 […]
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 […]
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. […]
After a fast and smooth implementation process, Highview is now leveraging the powerful and flexible capabilities of the core software suite across its operations.
Today, low-code / no-code development platforms (LCDP) are growing in popularity – and with good reason.
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