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Insurance IT Blog

Olga Vinichuk

Insurance IT Consultant and Lead Business Analyst, ScienceSoft

Behavior-Based Insurance To Reshape Life & Health Plans. Or Will It?

Insurance IT

Finance IT

Healthcare IT

Behavior-Based Insurance To Reshape Life & Health Plans. Or Will It?

By 2035, at least 60% of health payers will offer some form of behavior-based insurance alongside traditional coverage types, ScienceSoft's research shows.

Olga Vinichuk

Insurance IT Consultant and Lead Business Analyst, ScienceSoft

Automating Risk Assessment in Health Insurance: Five Digital Strategies for Various Budgets

Insurance IT

Finance IT

Digital Transformation

Automating Risk Assessment in Health Insurance: Five Digital Strategies for Various Budgets

Discover five digital strategies (with costs) to automate risk assessment in health insurance and pick the one that best fits your transformation budget.

Stacy Dubovik

Financial Technology and Blockchain Researcher, ScienceSoft

AI Enables Nearly Autonomous Health Insurance Budgeting, But Human Checks Are Still a Must

Insurance IT

Finance IT

Digital Transformation

AI Enables Nearly Autonomous Health Insurance Budgeting, But Human Checks Are Still a Must

AI boosts financial planning accuracy and efficiency, but it shouldn't be an autonomous decision-maker, says Olga Vinichuk at ScienceSoft.

Stacy Dubovik

Financial Technology and Blockchain Researcher, ScienceSoft

Still Budgeting Health Insurance in Spreadsheets? Here's a More Effective Tech Stack

Insurance IT

Finance IT

Digital Transformation

Still Budgeting Health Insurance in Spreadsheets? Here's a More Effective Tech Stack

Explore specialized budgeting solutions that help health insurers create and adjust budgets 65–80% quicker and boost the FP&A team's productivity by 40–80%.

Stacy Dubovik

Financial Technology and Blockchain Researcher, ScienceSoft

Fully Digital Insurance Is Already Here. See How It Boosts Sales, Underwriting, and Claims

Insurance IT

Finance IT

Digital Transformation

Fully Digital Insurance Is Already Here. See How It Boosts Sales, Underwriting, and Claims

Many talk digital transformation in insurance these days, but it’s hard to find case studies supported by concrete results. Here are three real stories.

Olga Vinichuk

Insurance IT Consultant and Lead Business Analyst, ScienceSoft

Software Can Cut Costs for Health Insurers — But Watch Out for TCO Overruns

Insurance IT

Finance IT

Healthcare IT

Software Can Cut Costs for Health Insurers — But Watch Out for TCO Overruns

Health insurance automation can help reduce operational costs without cutting staff, but software TCO may become a new budget drain if not managed well.

Olga Vinichuk

Insurance IT Consultant and Lead Business Analyst, ScienceSoft

A Journey to Smart Underwriting in Health Insurance: How to Start with Confidence

Insurance IT

Finance IT

Healthcare IT

A Journey to Smart Underwriting in Health Insurance: How to Start with Confidence

Health insurers chase intelligent underwriting, but it‘s a high-hanging fruit. Here are win-win strategies and tools to start an AI journey with confidence.

Olga Vinichuk

Insurance IT Consultant and Lead Business Analyst, ScienceSoft

Boosting Customer Experience in Health Insurance: Can You Escape AI?

Insurance IT

Finance IT

Healthcare IT

Boosting Customer Experience in Health Insurance: Can You Escape AI?

For health insurance customer experience, AI is gradually turning from a luxury into a necessity, ScienceSoft’s lead insurance IT consultant says.

Zaryna Babko

Insurance IT Consultant and Lead Business Analyst, ScienceSoft

Seeking to Elevate Insurance Customer Digital Experience? Here’s Where You Should Start

Insurance IT

Finance IT

Seeking to Elevate Insurance Customer Digital Experience? Here’s Where You Should Start

30% of insurance clients report poor digital customer experience. Learn the surefire strategies to introduce top-notch CX with your digital platforms.

Boris Shiklo

Chief Technology Officer, ScienceSoft

IoT for Smart Banking and Finance

Internet of Things

Finance IT

Insurance IT

Banking IT

IoT for Smart Banking and Finance

ScienceSoft describes the role of IoT in banking and finance, reviews its benefits, and gives examples of how leading BFSI orgs take advantage of the tech

Andrew Repin

Business Analyst and CRM Expert

3 Effective CRMs for Insurance Agents: Features and Limitations

Insurance IT

Finance IT

CRM

3 Effective CRMs for Insurance Agents: Features and Limitations

See which insurance CRM software provides agents with the necessary tools to meet all insurance agency needs and learn pros and cons of the selected tools.