This is the second in a two-part series. Read part one here. Will generative AI take my job? PricewaterhouseCoopers admits that “No one yet knows the long-term impact of AI on overall employment.” Just a few years ago—prior to the advent of generative AI—the same company acknowledged that established forms of artificial intelligence aren’t boosting… Read More
Technology
Insurance and generative AI: The future, love it or hate it–part 1
This is the first in a two-part series. The discovery of certain weaknesses inherent in generative AI has been a cause for amusement, even relief, among some. Since its public debut in autumn 2022, ChatGPT and its analogs have been the subject of a great deal of hype, hope and fear. But not everybody is… Read More
Power BI: What it is, how we use it, and how it provides a more accurate view of your business
Most, if not all, of the routine reports you rely on today to understand how your business is performing take time and effort. You wait for updated data to be sent to you from various sources and then you manually update primary Excel files to refresh your KPIs and charts. It’s an ongoing task that… Read More
How our Strategic API team is broadening our market reach
“Our venture into APIs and third-party distribution platforms started in 2020. Using an API, we wanted to allow agents to submit business in a more streamlined fashion, which will increase our submissions and bound policies,” explains Tiffany Poletti, Core Commercial’s COO. “Whether you call them aggregators, comparative raters or third-party distributors, they create a greater… Read More
How COVID-19 Has Changed Cyberbullying Risks in Schools
by Andrew Graham, managing director, risk management services for Wright Specialty Insurance, an Arrowhead Programs company. This article appeared in Big I’s Jan. 2022 magazine. Cyberbullying is a side effect of internet use by students. It typically combines two or more factors, such as the broad reach of the internet, the cloak of anonymity and a… Read More
Turning crisis into opportunity: Insurance claims technology
This article was written by ACM President Dhara Patel and appeared in the Sept. – Oct. 2021 issue of Claims Magazine. ACM was formerly part of Arrowhead Programs and Services. There’s a saying, “Never let a good crisis go to waste.” In our line of work, it sometimes takes an emergency to trigger innovation. The pandemic… Read More
How ACM’s Insurtech tools help streamline the claims process
American Claims Management (ACM), formerly one of Arrowhead Programs’ services companies, is a nationwide third-party claims administrator specializing in both commercial and personal lines. Continually innovating to streamline the claims process, ACM has added numerous Insurtech tools to solve claims more accurately and timely. Industry-leading claims platform ACM’s claims platform is a pure browser-based system… Read More
How ACM’s subrogation tool was created by our Data Science team
How our Data Science team and ACM built SubroFy, an innovative subrogation tool A great claims administrator not only resolves claims quickly and accurately – they look for hidden subrogation opportunities to mitigate loss experience. Often those successful subrogation cases result in significant savings for carriers. American Claims Management (ACM), one of our Arrowhead Programs’… Read More
How Arrowhead Programs’ shared services helps companies grow
Protector Plans has taken advantage of many of Arrowhead Programs’ shared services to increase productivity, improve the customer experience and drive growth. Protector Plans represents multiple professional programs including those for dentists, lawyers, physicians and optometrists. Their house of brands also includes event cancellation and parcel insurance. Several areas underwent significant improvements in the last… Read More
Transforming into a digital-first company
by Jimmy Saldana, Arrowhead Programs’ Director of Strategic Innovation, as published in CB Insights Insurance is not an industry that was built to be digital-first. Legacy systems and burdensome regulations present challenges that do not allow us to move as fast as other industries moving towards becoming digital-first companies. In today’s world, customers expect a… Read More