4 Disruptive technologies in the insurance industry

In today’s cutthroat insurance industry, US insurers are constantly on the lookout for technologies that can help them improve their efficiency, keep up with changing demands, and gain a competitive edge. To guide you in your search, here are four fields of IT that you should focus on:
1. Predictive analytics
Predictive analytics involves gathering, mining, and analyzing historical data to forecast possible future outcomes.

What law firms need to know about HIPAA

Does your law firm deal with medical records and other protected health information (PHI)? If it does, then you may be subject to the Health Insurance Portability and Accountability Act of 1996 (HIPAA).

The cost of noncompliance with HIPAA can be steep — Advocate Health Care Network paid a violation settlement of $5.5 million! Therefore, it’s wise to understand how this federal law affects your practice.

Why your law firm should consider legal process outsourcing

Ours is a world of increasing specialization. The market has shifted towards providers who focus their efforts and resources toward a narrower area of expertise in order to deliver a higher level of excellence. These choose to cultivate a smaller but devoted clientele rather than provide a one-size-fits all offering that suits a wide array of clients but is otherwise undistinguished.