by James Taylor | Feb 25, 2019 | Business Process, Decision Management, Insurance
To keep processing costs low, many insurance carriers have a goal to increase the percentage of their claims that can be processed and decisioned with no human decision-making involved. This is called increasing the rate of straight-through processing (STP). Perhaps...
by James Taylor | Feb 12, 2019 | Business Process, Business Rules, Decision Management, Predictive Analytics
We do a lot of decision management projects, helping clients adopt the technologies and approaches they need to succeed with digital decisioning and decision automation. One of the key technologies for these types of projects is a Business Rules Management System...
by James Taylor | Nov 13, 2018 | Business Intelligence, Business Process, Business Rules, Decision Automation, Decision Management, Decision Modeling, DMN, Insurance
80% of data and analytics leaders with global life insurance and property & casualty carriers surveyed by McKinsey reported that their analytics investments are not delivering high impact. What’s stopping them from delivering high impact? 38% of those surveyed...
by DMS Team | Oct 30, 2017 | Business Process, Predictive Analytics
Now that organizations have automated most routine processing using some programming logic and some basic rules, the next competitive frontier is making these processes adapt dynamically to changing conditions and unforeseen situations – and learning from each...
by James Taylor | Aug 3, 2017 | Business Process, Business Re-Design, Business Rules, Case Studies, Decision Modeling, Events
Working with SMEs is a critical element of any project and new approaches to process and especially decision technology make a big difference. To learn more, join me and Alexandra Caraballo of Kaiser Permanente at the Building Business Capability Conference (BBC 2017)...
by Meri Gruber | Feb 7, 2017 | Business Process, Decision Modeling
Everyone wants to make better data-driven decisions. Reporting is getting in the way. Everyone wants to make better data-driven decisions. Many companies are using reporting to support decision making but their ability to do so is bogged down. There are too many...
