TIBCO whitepaper Manage and Automate Your Claims Processes T oday, insurers face growing pressures to achieve higher profitability and superior customer experience while reducing operational and claims settlement costs. Claims are the most costly part of the business with a massive impact on operating profit. With rapid advances in technologies like artificial intelligence (AI) and machine learning (ML), the next-generation of claims processes will be faster, more cost-effective, and smarter. These technologies can be surprisingly easy to add to current systems—without the considerable investment and commitment of a major system overhaul—and the payoffs are tremendous. The next-generation claims processing solution built on TIBCO’s Connected Intelligence Cloud platform provide

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