Venbrook and Cognizant collaborate to improve insurance claims processing

Venbrook and Cognizant have formed an alliance to transform the insurance claims process for property and casualty (P&C) carriers using AI. The AI-driven third-party administrator (TPA) claims solution is designed to optimise the entire claims processing life cycle, resulting in cost savings and enhanced efficiency for insurance carriers. Jointly developed by Venbrook and Cognizant, the solution leverages AI to digitise critical aspects of the claims value chain. Under the agreement, Cognizant will deli ...