The workers’ compensation industry faces significant compliance changes, notably the NCCI’s lowered reporting threshold, impacting many insurers. Key challenges include Unit Statistical reporting errors and the upcoming Medical Data Call requirements. Organizations must proactively enhance data management strategies and reporting processes to avoid penalties and ensure compliance with evolving mandates.
True Insurtech Solutions Senior Solutions Advisor, Ryan Smith, will be representing us at the EWC&R Conference in Anaheim, California, on Tuesday, February 11. This event brings together professionals and thought leaders from across workers’ compensation and risk management to explore the latest insurance industry trends. For many workers’ comp operations, claims management is a critical …
True Insurtech Solutions announces Vice President Colin Moulton’s attendance at the NCCI Data Now Program 2025 in Boca Raton, Florida. The event focuses on advanced data reporting in workers’ compensation. Colin will share insights on data accuracy and compliance, reinforcing True’s commitment to innovation and enhancing operational solutions for partners.
Now that 2025 is here, the workers’ compensation industry prepares for significant technological advancements. Key trends include the use of generative AI for claims, predictive cyber risk models, quantum computing for risk forecasting, and IoT devices for ergonomic monitoring. These innovations aim to enhance workplace safety, improve claims processing, and streamline compliance across multiple states.
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Unlock the potential of big data to drive organizational growth in the workers’ compensation industry. Learn how True’s solutions can help you overcome common data challenges.
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