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Shift Technology Launches Agentic AI Claims Platform Transforming Insurance Industry

Shift Technology launches Shift Claims, an agentic AI platform transforming insurance claims processing with 30% faster handling and 3% lower losses for insurers.

This development matters because it addresses one of the most critical and costly aspects of the insurance industry - claims processing. For consumers, this technology promises faster claim resolutions, more accurate assessments, and better overall experiences when filing insurance claims. For the insurance industry, it represents a significant leap in operational efficiency that could lead to reduced premiums over time as companies save on processing costs and fraudulent claims. The 30% faster handling and 3% lower claims losses demonstrated by early adopters suggest tangible benefits that could reshape how insurance companies operate globally, potentially setting new standards for customer service and operational excellence in the sector.