Mark Brittain: Robo-underwriting is the future

clock • 4 min read

Forward-thinking healthcare insurers are transforming their business through robotic process automation (RPA) and cognitive technologies

The healthcare insurance industry is particularly ripe for robotics. Many businesses are already deploying the technology in claims and applications processing, achieving more than 60% increases in productivity and 95% increases in accuracy while also substantially reducing costs. Furthermore, the more innovative businesses are moving towards the automation of decision-making in front-office functions such as assisted underwriting. There are specific challenges which hamper abilities of healthcare insurers, to operate efficiently and innovate enticing propositions capable of respon...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on PMI

NHS waiting list continues decline
PMI

NHS waiting list continues decline

Figure at 7.4 million patients

Cameron Roberts
clock 10 April 2025 • 3 min read
WPA launches Healthcare Finder
PMI

WPA launches Healthcare Finder

Partnership with Doctify

Jaskeet Briah
clock 08 April 2025 • 2 min read
 Spectrum.Life appoints head of insurance
PMI

Spectrum.Life appoints head of insurance

Ian Ranger joins

Jaskeet Briah
clock 27 February 2025 • 1 min read