Slice Launches Automated Claims Settlement

first_img By Digital AIM Web Support – February 3, 2021 Slice Launches Automated Claims Settlement Twitter TAGS  Local NewsBusiness Previous articleJazmine Sullivan talks Super Bowl gig and Whitney HoustonNext articleTrüNorth Global™ Appoints Brian Doege to Vice President of Sales Digital AIM Web Support WhatsApp Twittercenter_img Pinterest NEW YORK–(BUSINESS WIRE)–Feb 3, 2021– Slice Labs Inc. (Slice), a technology startup with the first on-demand insurance platform, has launched an automated claims settlement feature providing an end-to-end digitization of the customer claims journey. The digital claims journey provides an improved experience for customers and greater efficiencies for insurers by reducing the volume of manual claims handling and associated costs, increasing consistency and improving accuracy. Customers experience a digital first notice of loss (FNOL) journey that includes automated loss evaluation and settlement offer along with immediate digital payment all within one session. All is made possible by leveraging technologies in natural language processing (NLP), document and receipt scanning, multilingual audio and video transcription and machine learning models for loss classification and depreciation. Furthermore, throughout the entire development of this feature, the team used an ethics-first approach to ensure that potential bias would be mitigated. The Slice Mind team of data scientists and developers worked in partnership with Duuo, a digital insurance distributor created by The Co-operators, on this cutting-edge technology. Plans for deployment include making this feature initially available in Duuo’s Rent-My-Stuff Insurance product, followed by their remaining on-demand insurance products. Duuo’s claims team played a critical role in the development of this feature and the training of the algorithms used within the ML models. Luc Lamadeleine, Director of Claims at Duuo, said, “We are extremely pleased to be launching this new feature, which we believe is the first completely touchless claims process in Canadian P&C insurance. This new feature was carefully built by applying both sound and effective claims practices, as well as the latest digital tools and technology. We are confident that this innovative claims process will enable us to respond even more quickly to our clients in their time of need.” “This feature is a game-changer in insurance claims for customers and carriers. Customers are faced with a complex, cumbersome, and often very time-consuming claim process. Insurers deal with costly claims management. Automating the claims process through settlement provides a customer-centric experience in a digital age, and drastically reduces claims management costs for insurers,” said Tim Attia, CEO of Slice Labs. The automated claims settlement feature is available to any Slice partner. To learn more, visit www.slice.is. About Slice Labs: Slice Labs Inc. is the insurance engine behind tomorrow’s cloud-based, on-demand digital services ecosystems for the new economy. Through the Slice Labs Insurance Cloud Services (ICS) platform, Slice Labs is enabling insurers, technology companies, and other service providers to build truly intelligent and intuitive, usage based digital insurance products protecting the insured anytime and anywhere. To learn more, visit https://www.slice.is. Follow Slice on Twitter and LinkedIn. View source version on businesswire.com:https://www.businesswire.com/news/home/20210203005069/en/ CONTACT: Slice Labs Contact: Emily Mertz VP, Marketing [email protected] 212-380-1849 KEYWORD: UNITED STATES NORTH AMERICA NEW YORK INDUSTRY KEYWORD: LEGAL TECHNOLOGY MOBILE/WIRELESS INSURANCE PROFESSIONAL SERVICES SOFTWARE NETWORKS INTERNET DATA MANAGEMENT SOURCE: Slice Labs Inc. Copyright Business Wire 2021. PUB: 02/03/2021 11:10 AM/DISC: 02/03/2021 11:11 AM http://www.businesswire.com/news/home/20210203005069/en Facebook Pinterest WhatsApp Facebooklast_img read more

USS Lake Erie Returns Home to Pearl Harbor

first_img View post tag: Returns The Hawaii-based Ticonderoga-class guided-missile cruiser USS Lake Erie (CG 70) returned June 16 from a four-month deployment to the Western Pacific. Authorities June 17, 2014 Back to overview,Home naval-today USS Lake Erie Returns Home to Pearl Harbor View post tag: Navy View post tag: News by topic View post tag: americas USS Lake Erie Returns Home to Pearl Harbor View post tag: Pearl-Harbor This is the last time the ship and crew of Lake Erie returns home to Pearl Harbor as they are scheduled to change homeports.“Capt. Banigan and his team have made a difference,” said Commander, Navy Region Hawaii and Naval Surface Group Middle Pacific Rear Adm. Rick Williams. “The crew of Lake Erie stepped up and filled a critical need on this deployment. They represent the epitome of the CNO’s tenets: warfighting first, operate forward, be ready. I couldn’t be prouder.”Commanding Officer Capt. John S. Banigan spoke about the deployment and ship’s mission in the Pacific.“While on deployment, Lake Erie leveraged her accomplishments and proficiencies on the test range and defended the homeland and our allies on multiple Ballistic Missile Defense (BMD) operations,” said Banigan. “We were always begging to go forward deployed and we got ourselves ready and we were able to surge and prove that we aren’t just a test ship, that we are fully mission capable.”According to Banigan, he knows that regardless of homeport, Lake Erie Sailors will lead the way. “It’s bittersweet, we will miss Hawaii,” said Banigan, “but whatever the mission – we will succeed.”Lake Erie is expected to replace USS John Paul Jones (DDG 53) this summer as a rotational BMD deployer from San Diego, as John Paul Jones takes Lake Erie’s place in Hawaii as the nation’s BMD Test Ship.[mappress]Press Release, June 17, 2014; Image: US Navy View post tag: Naval View post tag: USS Lake Erie View post tag: home Share this articlelast_img read more

D’Angelo Russell trade grades: Timberwolves get their man; Warriors disappoint with return

first_imgTimberwolves 2021 pick protected to No. 3, and becomes unprotected in 2022, per sources. Minnesota kept pushing for Russell, who it has wanted since summer free agency and finally got the point guard Gerssson Rosas imagined pairing with KAT. https://t.co/kfDNvsdBHX— Adrian Wojnarowski (@wojespn) February 6, 2020MORE: Andre Iguodala trade analysisThe Timberwolves had reportedly been interested in Russell since last summer, wanting the guard to form a potent combination with Karl-Anthony Towns.Here are our initial grades for the trade:Timberwolves: AMinnesota desperately wanted Russell. It got Russell. That’s a big deal for a franchise so often criticized for getting almost everything wrong as it tries to capitalize on the immense talent of Towns.Russell is 23 years old and ready to be a star scorer for many seasons to come. He’s averaging 23.6 points per game this year, and he has experience helping turn around a franchise’s fortunes in Brooklyn. The pick-and-roll and pick-and-pop with Towns will be a beautiful sight. The duo is already tight-knit after developing a close friendship through the AAU circuit. Suns star Devin Booker is the third amigo in the friendship; if Minnesota ever manages to acquire him, fans will pass out from happiness.Andrew Wiggins is under a huge contract through 2022-23, and despite some growth this year, he was never a favorite of Minnesota given his inability to fully develop since entering the league. The first-round draft pick Minnesota gave up could hurt, but if the Timberwolves become a playoff team, it won’t matter.Warriors: C-Golden State had reportedly been intent on holding onto Russell until the summer unless it was blown away by a trade offer. Was this really a bid that blew the front office away? If so, that seems to reflect poorly on its judgement.Russell, acquired from the Nets last summer, was never given a real chance to play alongside Curry or Thompson. The Warriors will never know how explosive that trio could have been. Sure, Wiggins being a forward makes him a more natural fit in next year’s lineup. Curry, Thompson, Wiggins, Green and perhaps 2020 NBA Draft prospect James Wiseman would be a tasty starting five. But Wiggins’ hefty contract limits the Warriors’ future flexibility, and there is no guarantee he will ever be better than Russell. Wiggins is in some respects just a better version of Harrison Barnes — an important roster piece, but often more frustrating than game-changing.The pick will be awesome if the Timberwolves are bad and if it coincides with a stacked draft class. Neither of those things are guaranteed. Should the pick be, say, No. 15, then this deal will be especially difficult to swallow for Golden State.Maybe the Warriors will surge all the way back to dominance with Curry and Thompson healthy next year, and Wiggins invigorated by a winning basketball team. But for now, it feels like an underwhelming return for their biggest trade chip. The Timberwolves and Warriors worked out a blockbuster trade just before the NBA deadline on Thursday afternoon, with D’Angelo Russell heading to Minnesota for Andrew Wiggins and two future draft picks. Bench players Omari Spellman and Jacob Evans were also shipped to Minnesota in the deal.With Minnesota’s 2021 first-round draft pick (protected to No. 3) and a second-round selection, Golden State gains the means to smoothly rebuild its squad with young talent as Stephen Curry, Klay Thompson and Draymond Green age. Wiggins, meanwhile, likely provides a better short-term match alongside Curry and Thompson than Russell.last_img read more