insurance claims
Leveraging AI for Efficient Processing and Classification of Financial Data in Insurance Claims
July 11, 2023This blog explores the benefits of leveraging AI in financial data processing, highlighting how it enhances efficiency and expedites the lifecycle of insurance claims.
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Can Technology Rescue CAT Claims Accounting?
August 20, 2020How do you deliver at scale during a CAT event, such as a hurricane? Technology has a clear role to play. But is forensic technology ready to take over to the extent that other AI and machine learning technologies have done?
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Will the 2020 Hurricane Season Add Insult to Injury?
August 17, 20202020 has taught us that preparedness is crucial. We’ve seen plenty of examples this year of companies, industries, and communities that were prepared for a pandemic like COVID-19. And plenty more that were not at all or severely under prepared. For an insurance industry that is in the trenches with the impacts of COVID worldwide, a catastrophic hurricane event would only make a bad situation worse.
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What is Forensic Accounting?
January 21, 2020Forensic accounting explained: Gain a high-level overview of what forensic accounting is and why forensic accountants can be invaluable in rooting out financial anomalies.
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Claims Accounting Trends in Latin America
October 22, 2019We sat down with Carlos Rivera, Senior Vice President - Caribbean & Latin America, to understand the nuances and hurdles involved in assisting the loss adjustment team settling claims in Latin America.
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Natural Disasters: Gaining Control Amidst Chaos
September 5, 2019For insurers and their insureds, rapid response is key to resolving claims and helping people and communities recover. Here are four factors that are essential to making accurate, timely insurance claims in response to a catastrophic or natural disaster scenario.
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How Forensic Accountants Help Businesses Recover in the Wake of Hurricanes and Natural Disasters
August 28, 2019Learn how the Lowers Forensics International team works with insurers to resolve business interruption claims resulting from hurricanes and other natural disasters.
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Risk Mitigation and Financial Forensics: The Story of Lowers Forensics International
August 20, 2019Learn more about the background of Lowers Forensics International, and how the intersection of risk mitigation and forensics is serving the needs of our shared clients.
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Big Data in the World of Insurance Claims Accounting
June 11, 2019Big data analytics enable us to draw from vastly disparate data sources and deliver demonstrable patterns that can be used in decision-making. Learn how big data analytics is having an impact on insurance claims accounting.
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Inside the World of Insurance Loss Accounting
May 23, 2019Read our Q&A with John Ganss, CPA, Senior Vice President at Lowers Forensics International, to learn more about his work in property/casualty insurance loss accounting.
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