by James Taylor | Jan 24, 2023 | Business Intelligence, Case Studies, Claims, Decision Management
This is the final entry in a set of three posts – you can see the first on Reducing the cost of manual claims handling here and the second on Fast-tracking disability claims here. Each post is a real-world story that illustrates the importance of handling your claims...
by James Taylor | Jan 17, 2023 | Business Intelligence, Case Studies, Claims, Decision Management
This is the second in a set of three posts – you can see the first on Reducing the cost of manual claims handling here. The series is designed to use specific real-world stories to illustrate the importance of handling your claims effectively, not just efficiently....
by James Taylor | Jan 3, 2023 | Business Intelligence, Case Studies, Claims, Decision Management
Our CTO, Ryan Trollip, recently gave a webinar on claims automation with our partner Red Hat. Many companies spend heavily automating their claims process, but this spend is largely on handling a claim efficiently not on claims handling effectiveness. Digitizing...
by David Wilkinson | Oct 27, 2022 | Decision Management, Decision Modeling, DecisionsFirst Modeler
What is a DMN decision model? A decision model is a visual representation of a decision – the precise specifications of decision making logic. Decision Model & Notation (DMN) is a powerful language used to build decision models. While it can model any...
by Ashton DeKeyrel | Oct 19, 2022 | Business Rules, Decision Automation, Decision Management, Events
An ocean of possibilities. The Mayflower Autonomous Ship recently completed a transatlantic trip to North America, completely unattended. It was able to achieve this feat with the help of an AI captain, a virtual decision maker on board to ensure safe travels through...
by James Taylor | Oct 18, 2022 | Business Process, Business Rules, Decision Automation, Decision Management, Strategy
Digital decisioning – the automation of decision-making using some combination of decision modeling, business rules, machine learning, predictive analytics and AI algorithms – is relevant to every industry and any organization of reasonable size. In fact, there are...
by Ashton DeKeyrel | Oct 12, 2022 | Business Rules, Decision Automation, Decision Management, Decision Modeling, DecisionsFirst Modeler
When it comes to insurance claims, there’s always a difference between normal operations and a disaster, like the recent hurricane in Florida. When disaster strikes, there is a need for normal, automated claims handling be turned off and replaced with more flexible,...
by Ashton DeKeyrel | Sep 13, 2022 | Business Rules, Decision Automation, Decision Management, Decision Modeling, DecisionsFirst Modeler, Machine Learning
Decision Management Solutions provides solutions and services that help organizations make more data-driven decisions by applying advanced analytics, artificial intelligence (AI), business rules, and supporting technologies. As our name would imply, we are a leading...
by James Taylor | Aug 22, 2022 | AI, Business Intelligence, Business Rules, Decision Automation, Decision Management, Digital Business
COVID-19 accelerated the need for next-generation claims-processing goals. To make these capabilities a reality and create long-term value, insurers should focus on five key areas. Digital natives—millennials and GenZ’ers increasingly expect seamless, omnichannel, and...
by James Taylor | Mar 31, 2022 | Business Architecture, Business Rules, Decision Automation
McKinsey recently published a great piece aimed at B2B companies called The new B2B growth equation. This focused on how B2B Customers want an “always-on, personalized, omnichannel experience”. These customers want more from their B2B sellers — “more channels, more...
