What the Push for Faster Claims Processing Means for Your Documentation Standards
The insurance industry is facing a massive operational shift. Claims managers are under intense pressure from upper management and policyholders to accelerate their processing timelines. Standing still is no longer an option if an organization wants to stay competitive in a crowded market. Industry leaders are already taking aggressive steps to meet this demand for faster resolutions. A recent Deloitte survey of 200 US insurance executives found that 76% have already implemented generative AI in at least one business function to accelerate their daily processes.