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    Customer-Managed Core Systems

    Own your insurance tech stack with SpearSuite™, a secure, flexible customer-managed core system that provides full control over insurance technology. Discover how customer-managed core systems allow insurers to customize, deploy, and manage their platform. Without being locked into vendor hosting.

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    Blog

    Lessons Learned for Insurers from California Wildfires 

    January 21, 2025 Stan Bowers Comments Off on Lessons Learned for Insurers from California Wildfires 

    The devastation caused by California’s wildfires in recent years, including the ongoing fires in Los Angeles, has been both heartbreaking and eye-opening. As these natural disasters grow in frequency and intensity, insurers face the dual challenge of supporting affected communities while reassessing their risk management practices. These catastrophic events underscore the importance of adaptability, preparedness, […]

    Human in the Loop
    Blog

    4 Key Reasons “Human in the Loop” Matters for Insurers

    January 13, 2025 Stan Bowers Comments Off on 4 Key Reasons “Human in the Loop” Matters for Insurers

    In the age of rapid technological advancement, artificial intelligence (AI) is reshaping industries at an unprecedented pace, and insurance is no exception. From underwriting to claims processing, AI solutions offer unmatched efficiency, accuracy, and scalability. However, even as automation capabilities evolve along with the advent of autonomous agents, the human touch remains indispensable in this […]

    Redefining Insurance in 2025: Key Innovations to Watch
    Blog

    Redefining Insurance in 2025: Key Innovations to Watch

    December 16, 2024 Stan Bowers Comments Off on Redefining Insurance in 2025: Key Innovations to Watch

    2025 is almost upon us! As we step into a new year, the insurance industry stands at the threshold of unprecedented transformation. The convergence of cutting-edge core system technology and artificial intelligence (AI) is reshaping how insurers operate, engage with customers, and manage risk. Here, we explore the key innovations to watch that are set […]

    Low-Code/No-Code Core Insurance Platforms 
    Blog

    The Advantages of Low-Code/No-Code Core Insurance Platforms 

    December 2, 2024 Stan Bowers Comments Off on The Advantages of Low-Code/No-Code Core Insurance Platforms 

    The insurance industry is undergoing a transformative shift, driven by the need for speed, flexibility, and innovation. At the heart of this evolution are low-code/no-code platforms, which empower insurers to build and adapt core systems with unprecedented ease. These platforms, which minimize or eliminate the need for traditional coding, are becoming essential for insurers aiming […]

    Blog

    7 Types of AI and Their Roles in Transforming the Insurance Industry 

    October 28, 2024 Stan Bowers Comments Off on 7 Types of AI and Their Roles in Transforming the Insurance Industry 

    The insurance industry is undergoing a digital transformation, with Artificial Intelligence (AI) playing a pivotal role across various areas—from customer service and underwriting to claims processing and fraud detection. However, the term “AI” is increasingly used loosely, with many innovations inaccurately attributed to it. So, how do we distinguish real AI applications from exaggerated claims? […]

    Claims Management Software
    Press Releases

    George Hills Company Has Gone Live with SpearClaims™ as Their New Claims Management Solution

    October 7, 2024 Stan Bowers Comments Off on George Hills Company Has Gone Live with SpearClaims™ as Their New Claims Management Solution

    October 08, 2024     DENVER, CO – Spear Technologies (“Spear”), a leading provider of property and casualty insurance software solutions, is excited to announce that George Hills Company (“George Hills”) has gone live with SpearClaimsTM, as part of a continuous effort to modernize their subrogation recovery processes.   Following a rigorous evaluation process, George Hills selected Spear […]

    Claims Management Software
    Blog

    7 Challenges and 7 Solutions for Better Claims Management

    August 19, 2024 Stan Bowers Comments Off on 7 Challenges and 7 Solutions for Better Claims Management

    The Challenges Public Entities Face in Claims Management Claims management is a critical function for public entities, encompassing the process of handling, processing, and resolving claims made against government agencies. These claims can range from property damage and personal injury to more complex issues such as employment disputes or regulatory infractions. Efficient claims management is […]

    Blog

    8 Ways Public Entities Can Improve Claims Management

    June 25, 2024 Stan Bowers Comments Off on 8 Ways Public Entities Can Improve Claims Management

    Public entities have unique insurance needs, particularly in how their property and casualty insurance is structured, managed, and regulated. When it comes to general liability, public entities face a broad spectrum of exposures due to their diverse operations. These can include liabilities arising from the maintenance of public property, law enforcement activities, public events, and […]

    Generative AI
    Blog

    Generative AI: Transforming the Insurance Industry 

    June 17, 2024 Stan Bowers Comments Off on Generative AI: Transforming the Insurance Industry 

    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 […]

    Blog

    Ten Ways to Lower Claims Handling Expenses

    April 30, 2024 Stan Bowers Comments Off on Ten Ways to Lower Claims Handling Expenses

    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 […]

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      AI, Low-Code Platforms, and Customer-Managed Core Systems
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