The RiskStream Collaborative’s RAPID X first notice of loss data sharing solution enables the seamless exchange of information between carrier claim systems, through end to end integration to RiskStream’s Canopy private permissioned network. The RAPID X First Notice of Loss data sharing solution provides the ability to share and update loss data privately with the other carriers participating in the loss event, and has an additional ability to match claims based on an algorithm developed by RiskStream member companies. In total, the RAPID X app has potential to save the U.S.
The insurance industry is facing disruption from digital innovators in their ecosystem and must transform their often centralized, mainframe-based IT infrastructures. They have to adopt contemporary IT services that support the use of multicloud infrastructure and allow insurers to leverage the digital edge to bring customer-focused delivery capabilities to their users, partners and clients.
Read blog post from Swiss Re Group Chief Digital & Technology Officer, Pravina Ladva:
Every company that uses digital solutions relies on digital trust to engage with customers. If customers don’t trust the digital interactions with your company, you likely won't be in business for too long. But when you look deeper into what actually drives digital trust, you don't find a simple answer, and some of the common assumptions about digital trust turn out to be wrong.
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IIS Executive Insights Cyber Expert: David Piesse, CEO, DP88
Abstract
This article was originally published in the Spring 2022 edition of Insights: A Professional Journal by the CPCU Society and is shared with permission from The Institutes CPCU Society. All rights reserved. www.CPCUSociety.org.
IIS Executive Insights Innovation Expert: Chunka Mui, Futurist and Innovation Advisor
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Click here to read David Piesse's bio
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IIS Executive Insights Cyber Expert: David Piesse, CEO, DP88
Abstract
Click here to read David Piesse's bio
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IIS Executive Insights Cyber Expert: David Piesse, CEO, DP88
ABSTRACT
Click here to read Chunk Mui's bio
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IIS Executive Insights Innovation Expert: Chunka Mui, Futurist and Innovation Advisor
"History will be kind to me, for I intend to write it myself.”
— Winston Churchill
Tools and expertise to help life insurers execute on important tax changes.
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