Tag: Social Inflation
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Identify Factors Contributing to Social Inflation
Michael Bruton | Chief Product Officer, DocLens.ai Set a Baseline For Settlements & Risk Claim portfolio managers searching for answers to the Social Inflation challenge should start by developing a repeatable methodology for measuring the impact of Social Inflation on a specific claim portfolio. By accounting for the other factors, such as change in the claim…
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Leverage AI to Reduce Social Inflation
Experienced claim portfolio managers can identify the micro level factors and the strategy for addressing the challenge. Advances in technology can improve execution of the strategy driving improved outcomes.