From selling policies to managing risks: The power of AI driven policy gap analysis

AI gives advisors the ability to act as a proficient risk manager, expert, and consultant. In India, most people don’t buy insurance. They are sold a risk cover without fine prints of Extensibility, Limits, and Exclusions. This would happen by a cousin at a family wedding, during a bank visit or simply due to a… Continue reading From selling policies to managing risks: The power of AI driven policy gap analysis

Can Insurers Use Your Phone’s Location History To Reject A Health Claim?

A health insurance claim may now be checked against more than hospital bills and medical records. During an investigation, a policyholder may be asked to share information from a phone, including Google Maps Timeline or other location data, to establish whether the hospitalisation actually took place. Such information may help an insurer examine a suspicious claim, but… Continue reading Can Insurers Use Your Phone’s Location History To Reject A Health Claim?