Lincoln National (LNC) Improves Claim Experience With AI Tech

Zacks05-23

Lincoln National Corporation LNC recently expanded its partnership with EvolutionIQ to enhance its offerings in the disability insurance space. LNC had earlier partnered with EvolutionIQ in 2023 to ...

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LNC had earlier partnered with EvolutionIQ in 2023 to ...</p>\n\n<a href=\"https://finance.yahoo.com/news/lincoln-national-lnc-improves-claim-163600896.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Lincoln National (LNC) Improves Claim Experience With AI Tech</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLincoln National (LNC) Improves Claim Experience With AI Tech\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-05-23 00:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/lincoln-national-lnc-improves-claim-163600896.html><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Lincoln National Corporation LNC recently expanded its partnership with EvolutionIQ to enhance its offerings in the disability insurance space. LNC had earlier partnered with EvolutionIQ in 2023 to ...</p>\n\n<a href=\"https://finance.yahoo.com/news/lincoln-national-lnc-improves-claim-163600896.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4162","symbol_name":"人寿与健康保险","start_time":0,"source_url":"https://finance.yahoo.com/news/lincoln-national-lnc-improves-claim-163600896.html","article_id":"2437921219","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/EEUv5JQFTAI4U5iqIocwgw--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/9d8e6ae4a2f2f78756262fb38b308001"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2437921219","pubTimestamp":1716395760,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Lincoln National CorporationLNC recently expanded its partnership with EvolutionIQ to enhance its offerings in the disability insurance space. LNC had earlier partnered with EvolutionIQ in 2023 to enhance the long-term disability business. Improved satisfaction at an average of 91% led LNC to extend this partnership presently to enhance customer experience in short-term disability.This move bodes well for LNC as using human-in-the-loop AI technology in their disability claims processes indicates a strategic shift to streamline operations and improve outcomes. Improved disability claims management analytics and claim guidance are expected to assist claimants. The new technology will use AI to study claims data and provide insights. Claims professionals are provided with timely insights, helping them better assist claimants.This move highlights LNC’s efforts to stay up-to-date and meet customer needs with innovative features. The company believes in investing in capabilities to enhance c","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4162":"人寿与健康保险","BK4585":"ETF&股票定投概念","LNC":"林肯国民","RGA":"美国再保险集团","BK4107":"财产与意外伤害保险","SKWD":"SKYWARD SPECIALTY INS GROUP INC","BK4588":"碎股","RLI":"RLI保险","RZB":"Reinsurance Group of America, Incorporated","BK4019":"再保险"},"translate_title":"Lincoln National（LNC）利用人工智能技术改善索赔体验","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"LNC":1,"RGA":1,"RLI":1,"SKWD":1,"RZB":0.9},"content_text":"Lincoln National Corporation LNC recently expanded its partnership with EvolutionIQ to enhance its offerings in the disability insurance space. LNC had earlier partnered with EvolutionIQ in 2023 to enhance the long-term disability business. Improved satisfaction at an average of 91% led LNC to extend this partnership presently to enhance customer experience in short-term disability.\nThis move bodes well for LNC as using human-in-the-loop AI technology in their disability claims processes indicates a strategic shift to streamline operations and improve outcomes. Improved disability claims management analytics and claim guidance are expected to assist claimants. The new technology will use AI to study claims data and provide insights. Claims professionals are provided with timely insights, helping them better assist claimants.\nThis move highlights LNC’s efforts to stay up-to-date and meet customer needs with innovative features. The company believes in investing in capabilities to enhance claim outcomes, and this partnership is part of that strategy. With this technology, claim specialists will be able to focus on the correct claims at the proper time, making the determination process more efficient. This is expected to enhance retention and attract new customers.\nMore such innovations in the Group Protection business will enhance its revenues in the future. Growing premiums led to a 2.7% year-over-year improvement in the first quarter of 2024. Growth across product and market segments led to a 12.5% sales improvement in the first quarter. Timely support and intervention for claimants will reduce the duration and severity of claims, leading to reduced claim costs and improved profitability.\nShares of Lincoln National have gained 40.3% in the past year compared with the industry’s 25.4% growth. LNC currently carries a Zacks Rank #3 (Hold).\nImage Source: Zacks Investment Research\nStocks to Consider\nSome better-ranked stocks from the insurance space are Skyward Specialty Insurance Group, Inc. SKWD, RLI Corp. RLI and Reinsurance Group of America, Inc. RGA. Each of these companies presently sports a Zacks Rank #1 (Strong Buy), at present. You can see the complete list of today’s Zacks #1 Rank stocks here.\nThe bottom line of Skyward Specialty outpaced estimates in each of the last four quarters, the average surprise being 30.5%. The Zacks Consensus Estimate for SKWD’s 2024 earnings suggests an improvement of 31.8%, while the consensus mark for revenues indicates growth of 25.8% from the corresponding year-ago reported figures.\nRLI’s bottom line outpaced estimates in three of the trailing four quarters and missed the mark once, the average surprise being 132.4%. The Zacks Consensus Estimate for RLI’s 2024 earnings indicates an 18.2% rise, while the consensus mark for revenues suggests 15.3% growth from the respective prior-year reported figures.\nThe bottom line of Reinsurance Group of America outpaced the Zacks Consensus Estimate in each of the trailing four quarters, the average surprise being 19.5%. The Zacks Consensus Estimate for RGA’s 2024 earnings suggests a 3% improvement, while the consensus mark for revenues indicates 6.1% growth from the respective prior-year reported figures.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nLincoln National Corporation (LNC) : Free Stock Analysis Report\nRLI Corp. (RLI) : Free Stock Analysis Report\nReinsurance Group of America, Incorporated (RGA) : Free Stock Analysis Report\nSkyward Specialty Insurance Group, Inc. (SKWD) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.24.0","shortVersion":"4.24.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2437921219"}