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Insurance IT Blog

Automating Risk Assessment in Health Insurance: Five Digital Strategies for Various Budgets
Insurance IT, Finance IT, Digital Transformation

Automating Risk Assessment in Health Insurance: Five Digital Strategies for Various Budgets

Discover five digital strategies (with costs) to automate risk assessment in health insurance and pick the one that best fits your transformation budget.
AI Enables Nearly Autonomous Health Insurance Budgeting, But Human Checks Are Still a Must
Insurance IT, Finance IT, Digital Transformation

AI Enables Nearly Autonomous Health Insurance Budgeting, But Human Checks Are Still a Must

AI boosts financial planning accuracy and efficiency, but it shouldn't be an autonomous decision-maker, says Olga Vinichuk at ScienceSoft.
Still Budgeting Health Insurance in Spreadsheets? Here's a More Effective Tech Stack
Insurance IT, Finance IT, Digital Transformation

Still Budgeting Health Insurance in Spreadsheets? Here's a More Effective Tech Stack

Explore specialized budgeting solutions that help health insurers create and adjust budgets 65–80% quicker and boost the FP&A team's productivity by 40–80%.
Fully Digital Insurance Is Already Here. See How It Boosts Sales, Underwriting, and Claims
Insurance IT, Finance IT, Digital Transformation

Fully Digital Insurance Is Already Here. See How It Boosts Sales, Underwriting, and Claims

Many talk digital transformation in insurance these days, but it’s hard to find case studies supported by concrete results. Here are three real stories.
Software Can Cut Costs for Health Insurers — But Watch Out for TCO Overruns
Insurance IT, Finance IT, Healthcare IT

Software Can Cut Costs for Health Insurers — But Watch Out for TCO Overruns

Health insurance automation can help reduce operational costs without cutting staff, but software TCO may become a new budget drain if not managed well.
A Journey to Smart Underwriting in Health Insurance: How to Start with Confidence
Insurance IT, Finance IT, Healthcare IT

A Journey to Smart Underwriting in Health Insurance: How to Start with Confidence

Health insurers chase intelligent underwriting, but it‘s a high-hanging fruit. Here are win-win strategies and tools to start an AI journey with confidence.
Behavior-Based Insurance To Reshape Life & Health Plans. Or Will It?
Insurance IT, Finance IT, Healthcare IT

Behavior-Based Insurance To Reshape Life & Health Plans. Or Will It?

By 2035, at least 60% of health payers will offer some form of behavior-based insurance alongside traditional coverage types, ScienceSoft's research shows.
Boosting Customer Experience in Health Insurance: Can You Escape AI?
Insurance IT, Finance IT, Healthcare IT

Boosting Customer Experience in Health Insurance: Can You Escape AI?

For health insurance customer experience, AI is gradually turning from a luxury into a necessity, ScienceSoft’s lead insurance IT consultant says.
Seeking to Elevate Insurance Customer Digital Experience? Here’s Where You Should Start
Insurance IT, Finance IT

Seeking to Elevate Insurance Customer Digital Experience? Here’s Where You Should Start

30% of insurance clients report poor digital customer experience. Learn the surefire strategies to introduce top-notch CX with your digital platforms.
IoT for Smart Banking and Finance
Internet of Things, Finance IT, Insurance IT, Banking IT

IoT for Smart Banking and Finance

ScienceSoft describes the role of IoT in banking and finance, reviews its benefits, and gives examples of how leading BFSI orgs take advantage of the tech
3 Effective CRMs for Insurance Agents: Features and Limitations
Insurance IT, Finance IT, CRM

3 Effective CRMs for Insurance Agents: Features and Limitations

See which insurance CRM software provides agents with the necessary tools to meet all insurance agency needs and learn pros and cons of the selected tools.