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Customer Loyalty In Insurance: Technologies and Strategies To Retain and Keep Customers Loyal

Altexsoft

Insurance companies find it difficult to attract new customers and retain them, especially when almost every insurer offers the same service or product. It’s also challenging since insurance is a low-touch industry, and insurers seldomly interact with their customers. The customer loyalty problem in insurance.

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How to Benefit From Custom Healthcare Software Development

Mobilunity

And one of the key changes introduced to address the growing problem was the development and usage of healthcare software. So, the question of how to develop a quality custom healthcare product and what company to delegate it to is one of the most topical for the majority of healthcare businesses.

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Taktile makes it easier to leverage machine learning in the financial industry

TechCrunch

Meet Taktile , a new startup that is working on a machine learning platform for financial services companies. This isn’t the first company that wants to leverage machine learning for financial products. They could use that data to train new models and roll out machine learning applications.

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Automated Claims Processing: Using RPA and Machine Learning to Manage Insurance Claims

Altexsoft

The insurance industry is notoriously bad at customer experience. In the last few years, Chinese tech giants have been making massive strides at becoming the center of insurance innovation. To compete, insurance companies revolutionize the industry using AI, IoT, and big data. Not in China though. Why automate claims?

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Length of Stay in Hospital: How to Predict the Duration of Inpatient Treatment

Altexsoft

Healthcare facilities and insurance companies would give a lot to know the answer for each new admission. This article describes how data and machine learning help control the length of stay — for the benefit of patients and medical organizations. Today, we can employ AI technologies to predict the date of discharge. Here is a

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Protected Health Information: Securing PHI and Staying HIPAA Compliant

Altexsoft

overed entities, business associates, and Health Insurance Portability and Accountability Act (HIPAA). Some examples are hospitals, insurance companies, doctors, nurses, pharmacists, laboratories, call centers, medical equipment providers, social workers, etc. To learn more, check the article on common HIPAA violations to be aware of.

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How Retailers Use Artificial Intelligence to Innovate Customer Experience and Enhance Operations

Altexsoft

In-store cameras and sensors detect each product one takes from a shelf, and items are being added to a virtual cart while a customer proceeds. Physical stores still have a lion’s share of sales, but the tendency of the growing demand for online experiences shouldn’t be ignored. Source: Forrester Consulting. Amazon Go stores.