All trucking industry claims professionals have experienced catastrophe situations in their career. When a catastrophe Workers Compensation or Liability claim occurs, does your adjuster appear at your door as a “deer in the headlights”, or an enlightened individual with a plan.
Thanks to Artificial Intelligence (AI), Japan’s largest insurer, Tokio Marine Holdings, recently announced it will begin same-day claim payments for automobile insurance beginning in 2020. Reporting the accident, claim settlement and payments will be completed entirely through a smartphone app that automatically locates where the accident took place.
“If you don’t take a chance, you don’t stand a chance”. That old adage is true for all innovators who want to succeed today. But how do you take a chance on a new product or service while still maintaining the ongoing stability of your personal or corporate well-being.