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Here's How IOT Will Impact The #Insurance #Claims Process | AutoTraffic

Here's How IOT Will Impact The Insurance Claims Process

Insurance is one of the world’s oldest industries. The idea of risk-sharing began 5,000 years ago when Chinese merchants combined their cargo on multiple ships. Although there was risk, merchants had insurance that if a ship went down, their stock wouldn ... read more

Insurers Want to Use Blockchain. Here’s How It Affects You

It's too soon to say for sure which changes will obviously affect policyholders. However, anything that helps an entire industry operate more efficiently should ultimately benefit consumers. Here are ... is the life insurance claims process. read more

Blockchain and Insurance

At the 2018 NCCI Annual Issues Symposium, Paul Meeusen, from Swiss Re and B3i discussed how blockchain can impact the ... for blockchain in insurance: Allows for better sharing of medical records in a private, secure platform. Claim auto validation. read more

Here's Why Harvey Victims Are Being Told to File Insurance Claims by Friday

Mark Hanna, of the Insurance Council of Texas, which strongly backed the legislation, told MONEY that claims made before or after Friday would be treated the same way, since the new law does not affect the claims process — only the lawsuits that derive ... read more

How to make a death claim in life insurance policy

Here are the steps that need to be followed. Inform the agent It is the responsibility of the insurance agent to assist the bereaved family with the claim process by providing policy details and documentation. Hence, the first step is to inform the agent ... read more

Motor insurance liberalisation: how will it affect you?

As has been made public last year, the motor insurance industry in Malaysia is heading towards the eventual removal of tariffs, with full market liberalisation to come in 2019. The move will have a huge impact on ... the simple No-Claims Discount (NCD ... read more

Settlement with Larry Nassar victims will have impact on Michigan State

We also are working every day to prevent sexual misconduct on our campus and have a community that respects women and all who work or visit here. Today’s announcement is important in the healing process ... said. The impact of the scandal on the ... read more

The Fed is an open book, but foreign trade and security are the wild cards

The difficulty here ... impact on global flows of trade and finance. Washington's strained ties with the EU are a worrying development in the midst of ongoing hostilities in Central Europe, North Africa, Middle East and Iran. Equally, U.S. claims of ... read more

How to Get Your Insurance Claim Paid

However, the claims process doesn't always run smoothly. If, for instance, you forget to submit a key piece of documentation, your loss falls under an exclusion or you use an out-of-network provider, your insurance provider may not cover your losses. Here ... read more
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