Finding a More Seamless and Secure Avenue for Your Insurance Operation

Surely, the human arsenal knows no boundaries, but to tell you the truth, it has still never possessed anything more significant than that tendency of growing on a consistent basis. We can claim what we did because the stated tendency has got us to hit upon some huge milestones, with technology appearing as a major member of the group. The reason why technology enjoys such an esteemed stature among people is, by and large, based on its skill-set, which ushered us towards a reality that nobody could have ever imagined otherwise. Nevertheless, if we look up close for a second, it will become clear how the whole runner was also very much inspired from the way we applied those skills across a real world environment. The latter component actually had a huge say in giving the creation a spectrum-wide presence, and consequentially, kickstarting a tech revolution. Of course, this revolution then went on to scale up the human experience through some outright unique avenues, but even after achieving such a monumental feat, technology will somehow continue to produce the goods. The same has grown to become a lot more evident in recent times, and assuming a new insurance-themed partnership pans out just like we envision, it will only make that trend bigger and better moving forward.

Insurity, a leading provider of cloud-based software for insurance carriers, brokers, and MGAs, has officially partnered with Attestiv to accelerate automation initiatives, increase fraud protections, and reduce expenses for P&C carriers. Under the agreed terms, Insurity will have a shot at leveraging Attestiv’s patented AI and blockchain technology to facilitate comprehensive fraud analysis of insurance claims, underwriting images, videos, and documents provided by policyholders, field adjusters, and third parties. As for reduced expenses, there will be elements like automated validation and streamlined claim management to help Insurity’s customers cut back on their overall costs and realize a financially optimal operation. Talk about Attestiv’s credentials a little bit, the company’s rise to prominence is definitely rooted in its core cutting-edge technology, but what makes the whole proposition even more impressive is the stated system’s versatility. You see, Attestiv’s solution, so far, has successfully impacted a host of different areas, including insurance, finance, and several other related disciplines.

“Attestiv’s AI provides the foundation for trusted automation that protects insurance companies against fraud while accelerating their digital transformation initiatives,” said Sylvester Mathis, Chief Insurance Officer at Insurity. “With this partnership, Insurity enables a differentiating standard for trusted automation in the insurance industry.”

As for Insurity, it is today a genuine leader in the space of cloud-based software for insurance carriers, brokers, and MGAs. The company’s excellence in what it does can be inferred from the fact that it is trusted by 22 of the top 25 P&C carriers and 7 of the top 10 MGAs in the US. Beyond that, Insurity has also clocked more than 400 cloud-based deployments till date. However, with its unique digital platform and collaborations like the one in focus here, the company will hope to put-together a far greater figure sooner rather than later.

“With P&C insurance carriers positioning AI automation to build industry-leading offerings, Attestiv is paving the way with automated AI fraud protection,” said Nicos Vekiarides, Chief Executive Officer of Attestiv. “By partnering with Insurity, we are excited to be able to provide our innovative AI technology seamlessly within Insurity’s cloud-native platform and beyond.”