article thumbnail

New Technologies in the Insurance Landscape (Part 2 – Blockchain)

Tom Spencer

Insurance industry observers, for their part, believe that the innovative distributed ledger could introduce a variety of improvements and efficiencies to the insurance landscape, and have the following four applications: Fraud detection. Peer-to-peer insurance. Peer-to-Peer Insurance. Identity management.

article thumbnail

New Technologies in the Insurance Landscape (Part 3 – Cloud)

Tom Spencer

For this reason, any reticence the insurance industry showed early on has been replaced with a holistic embrace of trusted cloud platforms. Cloud in the Insurance Sector. Implementing cloud technology into the insurance industry is a positive step towards building a digital insurance landscape. Final Note.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

15 Best Business Podcasts for Independent Consultants

Tsavo Neal

Podcasts make amazing listening material for commutes, travel, and listening for when you don’t feel like taking out a book. The show also features experts providing advice on topics such as insurance, contracts, travel, use of LinkedIn, and daily routines. Magazine Contributor John Nemo! The results were astonishing.

article thumbnail

Bogus Audited Statements Are Holding Africa Back

Harvard Business

Regulators must innovate and create structures that correct inherent flaws which continue to stymie market efficiencies. The premium charged by the insurer will track the risk profile of the auditor’s work. The premium charged by the insurer will track the risk profile of the auditor’s work.

article thumbnail

Healthcare Paradigm Shift: Emphasis on Outpatient Care

Tom Spencer

Changes to insurance reimbursement policies over the last five years have also emphasized the need for hospitals to provide high quality care at an affordable price. For healthcare executives it is therefore imperative that they develop a strategy that provides convenient and cost-efficient ambulatory care to their communities.

article thumbnail

Blockchain in Healthcare: Possibilities and Limitations

Tom Spencer

A nationwide blockchain network for electronic health records (EHR) could improve clinical efficiencies, track patient records, and enhance patient outcomes. With insurance fraud costing the U.S. His free moments are spent traveling and enjoying sporting events with his wife and daughter. Image: Pexels. References.

article thumbnail

How One Nonprofit Is Expanding Health Care for the Uninsured

Harvard Business

If the Affordable Care Act unravels in the near term, the number of insured could creep back up to 50 million, the level in 2009. These numbers exclude the millions more who are under insured — people with high deductibles, high copays, and benefit caps that leave them very exposed if they fall seriously ill and are hospitalized.