logo
#

Latest news with #Arizent

New Digital Insurance Research Reveals How Firms are Deploying AI, What They're Getting in ROI and How Strategies are Evolving
New Digital Insurance Research Reveals How Firms are Deploying AI, What They're Getting in ROI and How Strategies are Evolving

Yahoo

time01-07-2025

  • Business
  • Yahoo

New Digital Insurance Research Reveals How Firms are Deploying AI, What They're Getting in ROI and How Strategies are Evolving

AI adoption is accelerating in insurance - from pilot project to enterprise strategy - but costs and other factors threaten to slow momentum. NEW YORK, NY / / July 1, 2025 / Digital Insurance, a leading information resource for executives and innovators in the insurance sector, releases its latest research report, The Cost of AI: The AI Revolution Gathers Steam. Sponsored by Salesforce, the findings reveal adoption of artificial intelligence is rising in the insurance industry, with more than half expecting to implement it within 12 to 18 months - and many already seeing returns. AI is moving from pilot project to enterprise strategy for some organizations, with a growing number of companies already seeing returns on their investments. But as AI deployments scale, so do the price tags - and industry professionals may face tough choices about how to modernize, budget and prioritize. The research offers fresh insight into how industry organizations are implementing AI, what they're prioritizing and what's standing in the way of broader success. Based on proprietary research with professionals across the insurance industry, the report reveals how different types of organizations are navigating this next phase of transformation. Key takeaways include: Where companies are finding the most value from their AI investments - and where results are falling short What's driving organizations to move faster and what's holding others back How generative AI is reshaping the conversation around customer experience What companies are spending now and how that's expected to shift in the year ahead "AI investments are already paying off, particularly for firms that have implemented them aggressively to improve efficiency," says Janet King, SVP, Content Strategy, Research at Arizent, parent company of Digital Insurance. "At this point in the adoption curve, the most advanced companies appear to see more opportunities to reap positive returns, suggesting those at the leading edge could remain in that position for some time." The data indicates nearly all organizations expect their AI spending to increase to some extent over the next 12 months. Only a few companies expect their spending to remain level or decrease. Organizations that trail their peers will need to accelerate their strategies as much as possible or risk falling further behind as early adopters continue to expand their capabilities. To explore the full findings and see where your organization stands, download the full report: About Digital Insurance Digital Insurance is the essential resource for senior executives leading the digital transformation of the insurance industry. Across events and member forums, original research reports and editorial news and analysis, Digital Insurance examines business-critical topics in technology innovation, data advancements, insurtech market trends and transformation strategies. The brand convenes the community around these ideas and insights so they can understand the real-world impact on their firms and the customers they serve. About Arizent Arizent is a business information company that advances professional communities by providing insights and analysis and convening industry leaders. The company uses deep industry expertise and a data-driven platform to deliver its services, which include subscriptions, marketing services, live events and access to Leaders Forum, a digital content platform featuring livestream and on-demand formats. Arizent also connects business communities through leading financial services brands like American Banker, The Bond Buyer, Financial Planning and National Mortgage News, as well as professional services brands like Accounting Today, Employee Benefit News and Digital Insurance. About Salesforce Salesforce is the #1 AI CRM, helping companies connect with customers in a whole new way since 1999. Our product portfolio, Agentforce, brings #1 CRM apps together with trusted AI and data on one integrated platform so companies can grow relationships, productivity, and their bottom line. Salesforce helps insurance firms lower operational costs, grow efficiently, innovate at scale, and personalize customer experiences. With Salesforce, insurance carriers, agencies, and brokerages can connect and empower their entire organization, spanning Marketing, Sales, Service, Data, IT, and Analytics. Our AI-driven, connected platform empowers insurers and their distribution partners to manage all core operations from one system - including product development, quoting, claims, and more. Contact Details Arizent Janet King +1 207-807-4806 Company Website SOURCE: Arizent View the original press release on ACCESS Newswire

Quantum Health Sets New Standard for Transparency and Value in Healthcare Navigation Amid Growing Employer Concerns About Escalating Costs
Quantum Health Sets New Standard for Transparency and Value in Healthcare Navigation Amid Growing Employer Concerns About Escalating Costs

Business Wire

time30-06-2025

  • Health
  • Business Wire

Quantum Health Sets New Standard for Transparency and Value in Healthcare Navigation Amid Growing Employer Concerns About Escalating Costs

DUBLIN, Ohio--(BUSINESS WIRE)-- Quantum Health, the creator of healthcare navigation, today announced the launch of its new comprehensive intervention and value reporting capability, Action to Impact, which proves – at the member level – how its healthcare navigation model reduces costs, improves outcomes and enhances employee experience. Powered by a dynamic AI engine and 25 years of proprietary data, Action to Impact provides transparent, actionable evidence, connecting specific navigation actions to quantifiable results. "We don't just show engagement metrics — we connect employers to real savings, better care and improved member experiences.' - Chris Reed, Director of Value Creation, Quantum Health Share This launch comes at a time when self-insured employers are demanding more from their healthcare and benefits investments. According to the newly released State of Healthcare Survey 2025: The Transformative Power of Trust in Healthcare by Arizent and Employee Benefit News (EBN), sponsored by Quantum Health, 79% of employers identified company cost as the top concern they are focused on addressing in their latest annual benefits cycle. While these value-driving interactions have long been part of Quantum's model, Action to Impact offers a new way to package and share insights with clients and consultants, while giving internal teams real-time feedback for continuous improvement. The solution connects every touchpoint, from navigation and steerage to clinical support, continuously optimizing member and provider experiences to improve clinical, financial and satisfaction outcomes. By transforming traditional ROI into specific, actionable insights, Quantum Health proves the value of its interventions for each client. "Proving our ability to drive better outcomes at a lower cost has never been more essential. Today's clients expect more than anecdotes — they demand data-driven answers to their most pressing questions,' said Chris Reed, Director of Value Creation at Quantum Health. 'Employers want specifics: What actions were taken? What actually worked? With Action to Impact, Quantum Health delivers those answers through advanced analytics that quantify how navigation interventions reduce costs and improve outcomes." At the heart of Quantum Health's approach is its proprietary Real-Time Intercept® (RTI) platform, which enables member engagement an average of 110 days before the first claim — often before costs or complexity escalate. These early 'value moments' offer critical opportunities to influence care decisions and outcomes, allowing Quantum Health clients to achieve better health and financial results through meaningful, proactive engagement. These results are independently validated by MorningStar Actuarial Consulting, whose study of 2018-2022 claims data finds that Quantum Health's navigation and care coordination solution produces substantial and steadily accumulating ROI. Why This Matters — Self-insured employers are under pressure to do more with less – and prove it. As HR teams seek to optimize every dollar spent, Quantum Health's Action to Impact analytics deliver the insight needed to rise to that challenge. "Trust is a key part of the value equation for employees,' said Kerry Gross, Director of Research Intelligence at Arizent. 'Those who trust that the entities supporting their care have their best interests in mind are more likely to get preventive primary care and more likely to be satisfied with their overall wellness offerings." Employers are turning to data to guide their healthcare decisions. The EBN State of Healthcare survey indicates that utilization data (88%) and insurance claims data (84%) are reported as the most trusted sources. Meanwhile, 53% of employers say they are confident their navigation partner can demonstrate how member engagement translates into cost savings. Still, just under half are only somewhat or slightly confident that engagement and cost savings data is being clearly tied together. "We don't just show engagement metrics — we connect them to real savings, better care and improved member experiences,' added Reed. 'Our enhanced reporting pinpoints the most complex journeys, identifies where the greatest value is created, and outlines next steps to maximize results. As our dataset matures, insights become even more predictive, helping clients stay ahead of emerging challenges." To explore the full results of the 2025 State of Healthcare study, visit About Employee Benefit News Employee Benefit News (EBN) is the leading media resource for decision-makers in employee benefits, HR, and workplace culture. EBN provides critical insights to help business leaders navigate shifting industry dynamics, reduce care costs, improve retirement plans, and build diverse, high-performing workforces. Learn more at About Arizent Research Arizent delivers actionable insights through full-service research solutions powered by first-party data, expert perspectives, and engaged professional communities. Its portfolio includes trusted brands across financial services and professional sectors, such as American Banker, Financial Planning, Accounting Today, and Employee Benefit News. For more, visit About Quantum Health Celebrating 25 years of innovation, Quantum Health is a leading consumer healthcare navigation and care coordination company. Its Real-Time Intercept® platform identifies early intervention opportunities to improve engagement, outcomes, and cost efficiency. Based in Dublin, Ohio, Quantum Health has earned national recognition for growth and workplace culture, including honors from FORTUNE, Inc. 5000, and the Women Presidents' Organization. To learn more, visit and connect on LinkedIn.

Quantum Health Sets New Standard for Transparency and Value in Healthcare Navigation Amid Growing Employer Concerns About Escalating Costs
Quantum Health Sets New Standard for Transparency and Value in Healthcare Navigation Amid Growing Employer Concerns About Escalating Costs

Associated Press

time30-06-2025

  • Business
  • Associated Press

Quantum Health Sets New Standard for Transparency and Value in Healthcare Navigation Amid Growing Employer Concerns About Escalating Costs

DUBLIN, Ohio--(BUSINESS WIRE)--Jun 30, 2025-- Quantum Health, the creator of healthcare navigation, today announced the launch of its new comprehensive intervention and value reporting capability, Action to Impact, which proves – at the member level – how its healthcare navigation model reduces costs, improves outcomes and enhances employee experience. Powered by a dynamic AI engine and 25 years of proprietary data, Action to Impact provides transparent, actionable evidence, connecting specific navigation actions to quantifiable results. This press release features multimedia. View the full release here: This launch comes at a time when self-insured employers are demanding more from their healthcare and benefits investments. According to the newly released State of Healthcare Survey 2025: The Transformative Power of Trust in Healthcare by Arizent and Employee Benefit News (EBN), sponsored by Quantum Health, 79% of employers identified company cost as the top concern they are focused on addressing in their latest annual benefits cycle. While these value-driving interactions have long been part of Quantum's model, Action to Impact offers a new way to package and share insights with clients and consultants, while giving internal teams real-time feedback for continuous improvement. The solution connects every touchpoint, from navigation and steerage to clinical support, continuously optimizing member and provider experiences to improve clinical, financial and satisfaction outcomes. By transforming traditional ROI into specific, actionable insights, Quantum Health proves the value of its interventions for each client. 'Proving our ability to drive better outcomes at a lower cost has never been more essential. Today's clients expect more than anecdotes — they demand data-driven answers to their most pressing questions,' said Chris Reed, Director of Value Creation at Quantum Health. 'Employers want specifics: What actions were taken? What actually worked? With Action to Impact, Quantum Health delivers those answers through advanced analytics that quantify how navigation interventions reduce costs and improve outcomes.' At the heart of Quantum Health's approach is its proprietary Real-Time Intercept® (RTI) platform, which enables member engagement an average of 110 days before the first claim — often before costs or complexity escalate. These early 'value moments' offer critical opportunities to influence care decisions and outcomes, allowing Quantum Health clients to achieve better health and financial results through meaningful, proactive engagement. These results are independently validated by MorningStar Actuarial Consulting, whose study of 2018-2022 claims data finds that Quantum Health's navigation and care coordination solution produces substantial and steadily accumulating ROI. Why This Matters — Self-insured employers are under pressure to do more with less – and prove it. As HR teams seek to optimize every dollar spent, Quantum Health's Action to Impact analytics deliver the insight needed to rise to that challenge. 'Trust is a key part of the value equation for employees,' said Kerry Gross, Director of Research Intelligence at Arizent. 'Those who trust that the entities supporting their care have their best interests in mind are more likely to get preventive primary care and more likely to be satisfied with their overall wellness offerings.' Employers are turning to data to guide their healthcare decisions. The EBN State of Healthcare survey indicates that utilization data (88%) and insurance claims data (84%) are reported as the most trusted sources. Meanwhile, 53% of employers say they are confident their navigation partner can demonstrate how member engagement translates into cost savings. Still, just under half are only somewhat or slightly confident that engagement and cost savings data is being clearly tied together. 'We don't just show engagement metrics — we connect them to real savings, better care and improved member experiences,' added Reed. 'Our enhanced reporting pinpoints the most complex journeys, identifies where the greatest value is created, and outlines next steps to maximize results. As our dataset matures, insights become even more predictive, helping clients stay ahead of emerging challenges.' To explore the full results of the 2025 State of Healthcare study, visit About Employee Benefit News Employee Benefit News (EBN) is the leading media resource for decision-makers in employee benefits, HR, and workplace culture. EBN provides critical insights to help business leaders navigate shifting industry dynamics, reduce care costs, improve retirement plans, and build diverse, high-performing workforces. Learn more at About Arizent Research Arizent delivers actionable insights through full-service research solutions powered by first-party data, expert perspectives, and engaged professional communities. Its portfolio includes trusted brands across financial services and professional sectors, such as American Banker, Financial Planning, Accounting Today, and Employee Benefit News. For more, visit About Quantum Health Celebrating 25 years of innovation, Quantum Health is a leading consumer healthcare navigation and care coordination company. Its Real-Time Intercept® platform identifies early intervention opportunities to improve engagement, outcomes, and cost efficiency. Based in Dublin, Ohio, Quantum Health has earned national recognition for growth and workplace culture, including honors from FORTUNE, Inc. 5000, and the Women Presidents' Organization. To learn more, visit and connect on LinkedIn. View source version on CONTACT: Media Contact:Alison Travis Corporate Communications, Quantum Health [email protected] 220-465-9386 KEYWORD: UNITED STATES NORTH AMERICA OHIO INDUSTRY KEYWORD: OTHER PROFESSIONAL SERVICES INSURANCE DATA ANALYTICS HUMAN RESOURCES HEALTH PROFESSIONAL SERVICES HEALTH INSURANCE OTHER HEALTH SOURCE: Quantum Health Copyright Business Wire 2025. PUB: 06/30/2025 08:15 AM/DISC: 06/30/2025 08:15 AM

Tyfone Named a Best Place to Work in Fintech by American Banker
Tyfone Named a Best Place to Work in Fintech by American Banker

Yahoo

time13-05-2025

  • Business
  • Yahoo

Tyfone Named a Best Place to Work in Fintech by American Banker

~ Digital banking fintech recognized for exceptional company culture ~ PORTLAND, Ore., May 13, 2025--(BUSINESS WIRE)--Tyfone, a digital banking provider, today announced it has been named one of American Banker's 2025 Best Places to Work in Financial Technology. Tyfone was recognized for its culture that values autonomy, transparency and continuous learning. Recent employee feedback highlighted they are challenged to use their unique skills and are motivated to reach new levels. "This recognition reflects more than just a great workplace – it highlights a team that believes in purpose-driven innovation and authentic collaboration," said Dr. Siva Narendra, CEO of Tyfone. "We've built a culture where people feel empowered to challenge, create, and grow. Being named one of the Best Places to Work in Financial Technology, two years in a row, is a testament to the exceptional people who make Tyfone what it is." Tyfone's team of inventors and innovators is focused on building digital banking tools that meet evolving consumer needs. The company emphasizes a flat organizational structure, enabling employees to make decisions, experiment and grow without excessive hierarchy. This approach cultivates mutual trust and team collaboration, as well as work-life balance. By aligning its mission with the principle of "people helping people," Tyfone empowers its team to make meaningful impacts on the financial well-being of communities. This annual survey and awards program is designed to identify, recognize and honor the best employers in the financial technology industry. Companies recognized on this year's list operate in and serve companies and consumers in a wide range of financial services including banking and mortgages, insurance, payments and financial advisory. The 2025 list included 29 companies and was published by Arizent brands American Banker, National Mortgage News, Financial Planning and Digital Insurance on May 12, 2025. "The Best Places to Work in Fintech ranking is a glimpse into the company practices and policies that are popular with employees in the financial sector," said Penny Crosman, executive editor, technology at American Banker. "This year's honorees can serve as an inspiration or nudge to companies looking to attract and retain top talent." Companies from across the United States entered a two-part survey process to determine Arizent's Best Places to Work in Fintech. The first part consisted of evaluating each nominated company's workplace policies, practices, philosophy, systems and demographics. The second part consisted of an employee survey to measure the employee experience. The combined scores determined the top companies and the final ranking. Best Companies Group managed the overall registration and survey process, analyzed the data and determined the final ranking. For more information on Tyfone's culture and mission, visit About American Banker American Banker is the essential resource for senior executives in banking and financial services, keeping its users updated on vital developments and focusing sharply on their most important concerns — innovation, transformation, and disruption; technology, regulation, and reform. Financial industry professionals turn to American Banker, every day and throughout the day to stay maximally informed — drilling down on complex issues, keeping up with breaking news, and downloading research and data. For more information on Arizent's Best Places to Work in Fintech program, including full eligibility criteria, visit or contact Penny Crosman at About Tyfone Inc. Based in Portland, Ore., Tyfone is a leading provider of consumer and commercial digital banking services for community financial institutions throughout the U. S. We understand that an elegant, engaging, intuitive user experience is the minimum requirement for any digital banking provider. What differentiates Tyfone is our unwavering commitment to continuous innovation, exceptional collaboration and superior execution. We consider each customer a true partner and place the highest value on every relationship. To learn more about Tyfone, visit and connect on LinkedIn. View source version on Contacts MEDIA CONTACTS: Laura Lenz // Anna Stanleylaura@ // anna@ 678.781.7226 // 251.517.7857

MDT Named a Best Place to Work in Financial Technology for Sixth Consecutive Year
MDT Named a Best Place to Work in Financial Technology for Sixth Consecutive Year

Business Wire

time13-05-2025

  • Business
  • Business Wire

MDT Named a Best Place to Work in Financial Technology for Sixth Consecutive Year

FARMINGTON HILLS, Mich.--(BUSINESS WIRE)-- MDT, a CUSO that helps credit unions navigate complex financial technology ecosystems, today announced that it has been named one of the Best Places to Work in Financial Technology by Arizent and Best Companies Group for the sixth year in a row. This annual survey and awards program is designed to identify, recognize and honor the best employers in the financial technology industry. MDT stood out because of its collaborative culture, dedication to employee development and commitment to ongoing innovation. "The Best Places to Work in Fintech ranking is a glimpse into the company practices and policies that are popular with employees in the financial sector,' said Penny Crosman, executive editor, technology at American Banker. 'This year's honorees can serve as an inspiration or nudge to companies looking to attract and retain top talent.' MDT empowers employees and fosters collaboration through a variety of employee-led committees, including ones focused on innovation, women in leadership, social justice and more. Employees also value the company's transparency, as leadership actively encourages feedback and fresh ideas to improve both workplace processes and team connection. Earlier this year, Chris Kowal became MDT's next CEO, leading the company into a new phase of growth with an elevated go-forward strategy. Since the CUSO was established 22 years ago, MDT has continued to evolve, now serving as a trusted partner to over 100 credit unions across the country, representing nearly two million members. "Over my past 16 years at MDT, I have watched our team build something truly unique. Through our team's unrelenting dedication to the credit union mission, we are helping clients nationwide remain institutions of choice for their members and more effectively compete,' said Chris Kowal, CEO and president of MDT. 'We are honored to again be recognized by Arizent and Best Companies Group as a Best Place to Work to Fintech, a testament to our ongoing commitment to fostering both personal and professional growth for our dynamic, talented team.' About MDT MDT helps credit unions navigate complex financial technology ecosystems, ensuring they remain institutions of choice for members. In addition to hosting the Symitar core processing system from Jack Henry™, MDT provides credit unions with the tools and technology needed to compete and grow. Committed to partnership, security, and compliance, MDT takes a collaborative approach to service—leveraging deep industry expertise to understand each institution's unique needs and foster long-term success. MDT supports over 100 credit unions with cloud-based solutions, expert consulting, and digital transformation strategies. With MDT, credit unions across the country can more effectively implement technology, boost efficiencies, and enhance member service. Visit or follow @memberdriven for more information.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store