Thinking about going to a doctor can evoke a particular kind of memory for many: long queues, a thousand paper records, and infinite delays. While this image of healthcare services is still pervasive, the industry is undergoing a robust change in 2024, all due to skyrocketing digitalization. As more and more hospitals and clinics look … Read more
Increasing pressure on professionals in the healthcare industry leads to roadblocks characterized by overworking, high data volume, and increased time spent on paperwork. Administrative tasks remain one of the most time-consuming obligations of medical specialists. This causation isn’t accidental. For example, General Practitioners in the UK have experienced a 20% increase in workload, even as medical conditions … Read more
Traditionally, a loan application was a slow and lengthy process. Prospective borrowers had to visit banks or mortgage lenders in person, dealing with numerous paper-based forms. However, with the digital shift across the financial industry, mortgage apps have become a fast and efficient solution. Streamlined applications, useful tools, and an enhanced UX have made them … Read more
Nowadays, modern technologies have significantly revolutionized almost every industry. The Healthcare sector is one of them. New technologies and trends have transformed the way healthcare experts and medical professionals provide patient care. At the core of this process of transformation lies a number of cutting-edge healthcare software solutions that are designed for healthcare administrators & providers to … Read more
Georgia’s personal auto insurance affordability has significantly worsened over the past decade and a half, making it one of the least affordable states, according to a new report by the Insurance Research Council (IRC) – a division of The Institutes, like Triple-I. The study, Personal Auto Insurance Affordability in Georgia, ranks the state 47th in terms of auto insurance affordability. Only four other … Read more
Michigan personal auto insurance affordability improved markedly after enacting substantial auto insurance reform in 2019, according to a new report by the Insurance Research Council (IRC) – like the Triple-I, a division of The Institutes The study, Personal Auto Insurance Affordability in Michigan, found that personal auto insurance expenditures accounted for 1.9 percent of the median household income in Michigan in … Read more
Several metrics that influence auto insurance premium rates are starting to improve, but it will take time for these improvements to be reflected in flattening rates, according to a recent Triple-I Issues Brief. Direct premiums written and underwriting profitability improved dramatically in 2023. Additionally, 2023 net written premium growth of 14.3 percent is the highest in over … Read more
When you think about domestic violence, insurance typically isn’t top of mind. However, financial security and access to resources can make all the difference to victims when deciding to leave an abusive relationship. And insurance is an important component of financial planning that can help survivors move forward. One frequently hidden form of abuse perpetrated … Read more
Insurers paid $1.12 billion in dog-related injury claims in 2023, according to research by Triple-I and State Farm. The total number of dog-bite and related claims was 19,062 in 2023 – an increase of more than 8 percent from 2022 and a rise of 110 percent over the past 10 years. However, the average cost … Read more
In the rapidly evolving landscape of software development, Agile project management has emerged as a game-changer. This methodology promotes flexibility, collaboration, and customer-centric approaches, making it an ideal choice for teams aiming to deliver high-quality products quickly. What is Agile Project Management? Agile project management is a methodology that breaks projects into smaller, manageable units called sprints. This iterative … Read more
