Fintech Platforms Now Equipped Claim Advocates at No Cost

Real-World Examples and Statistics

According to a report by McKinsey, the adoption of fintech solutions has increased significantly, with nearly 64% of the global population using at least one fintech service in 2022¹. This trend is mirrored in the claim advocacy sector, where fintech platforms are increasingly being seen as valuable allies. For instance, platforms like Lemonade and Policygenius have integrated claim assistance features that enhance user satisfaction and streamline the claims process²³.

Furthermore, a study by Deloitte highlights that digital claims processing can reduce the time taken to resolve claims by up to 50%, offering a significant advantage over traditional methods⁴. These statistics underscore the transformative impact of fintech platforms on the financial services industry, particularly in the realm of claims management.