INSURASALES

Tag: Automation

SBLI Enhances Life Insurance Claims with Swiss Re’s Automated CARE System

SBLI adopts Swiss Re's Claims Automated Rules Engine (CARE), leveraging intelligent automation to streamline life insurance claims processing and improve beneficiary experience.

Automation Drives Sharp Declines in Traditional Office Jobs, Impacting Insurance Roles

Automation is significantly reducing demand for traditional office and administrative jobs, including roles in the insurance sector like claims adjusters. Industry professionals must adapt to these workforce shifts driven by AI and technology advances.

ReSource Pro and Ascend Unveil AI-Enhanced Direct Bill Commission Reconciliation

ReSource Pro partners with Ascend to enhance Direct Bill Complete with AI-driven automation, reducing costs and improving accuracy in insurance commission reconciliation for brokerages.

iA Financial Group Advances Life Insurance Underwriting with FICO Automation

iA Financial Group leverages FICO Platform to automate 80% of life insurance underwriting, enhancing efficiency and risk management while ensuring regulatory compliance in Canada’s insurance market.

Sapiens to Acquire APAC Automation Provider Candela to Expand Life Insurance Tech

Sapiens International to acquire Candela for $22 million, enhancing life insurance automation and expanding presence in APAC markets. Deal closes Q2 2025.