Insurers can settle claims faster than ever before.
Advancements in telematics and artificial intelligence have accelerated the auto insurance industry’s progress in speeding up the claims process. In Best’s Review Issues & Answers, AM Best sits with Ryan McMahon, VP of Insurance and Government Affairs at Cambridge Mobile Telematics, to discuss the latest advancements in claims automation.
“As a former adjuster, I can speak from personal experience that if we can do more to speed up the process and get information at the front of a claim, then we can increase customer satisfaction and ultimately reduce costs for the entire system as we can settle claims faster.”
Watch the full interview: