Latest news with #Germania
Yahoo
05-08-2025
- Sport
- Yahoo
❗Fiorentina and Sassuolo draw, Pisa lose to Leverkusen: friendlies ⚔️
Intense day of friendlies to best prepare for the 2025/2026 Serie A season. Between tactics, new arrivals, and rotations, Italian teams are revving up. Pisa collapses against a far superior Bayer Leverkusen, suffering a clear 3-0 defeat. A goalless draw between Empoli and Sassuolo, in a match useful for testing new additions. Fiorentina convincing away: 0-0 against Nottingham, but with great indications. Watch all Napoli friendlies LIVE on OneFootball! Click here from the app to purchase Napoli-Girona. Here's how it went in detail for each of the three protagonists. Bayer Leverkusen–Pisa 3-0 A very tough debut for Pisa in the first match of the German tour. At the BayArena, Bayer Leverkusen sets the pace and wraps up the game in the first half with goals from Andrich (5'), Kofane (17'), and Palacios (45'). The Nerazzurri, led by Gilardino, try to react in the second half even with a numerical advantage, but fail to reopen the match. Despite the defeat, there were good defensive insights in the second half and useful first minutes for the new signings. Empoli–Sassuolo 0-0 No goals at the Castellani in the all-Italian clash between Empoli and Sassuolo. A useful test for both teams, which gave space to new arrivals: Walukiewicz, Koné, and Fadera stood out during the ninety minutes. Slow pace, but good defensive solidity for the Tuscans and many rotations in view of the Coppa Italia commitment for the Neroverdi. A match that, although without strong emotions, provided good answers to both coaches. Nottingham Forest–Fiorentina 0-0 Fiorentina holds its own against Nottingham Forest away with a 0-0 full of interesting insights. A lively first half with chances on both sides: Kean and Dodò come close to scoring, stopped by a great Sels, while De Gea saves on Ndoye. In the second half, the pace slows but Pioli tests numerous solutions, including an inspired Richardson who assisted Braschi, close to the winning strike. A draw worth gold for morale, ahead of the Conference League playoff. This article was translated into English by Artificial Intelligence. You can read the original version in 🇮🇹 here. 📸 Carl Recine - 2025 Getty Images
Hans India
12-06-2025
- Business
- Hans India
Revolutionizing Insurance with AI: Mohammed Sadhik Shaik's Vision for Smarter Claims
In the fast-paced world of insurance, claims processing remains a stubborn bottleneck. Fraudulent claims siphon billions annually—$80 billion in the U.S. alone, according to the Coalition Against Insurance Fraud—while manual workflows bog down adjusters, frustrate customers, and inflate costs. Enter Mohammed Sadhik Shaik, a seasoned Guidewire expert whose innovative integrations and AI-driven solutions are reshaping how insurers tackle these challenges. With over a decade of experience and a knack for blending technology with industry needs, Sadhik is helping insurers like Germania Farm Mutual Insurance streamline operations and deliver better outcomes for policyholders. Sadik's journey in insurance technology began 11 years ago, and his work at Germania has been nothing short of transformative. As a Senior Guidewire Developer and Configuration and Integration Engineer, he has spearheaded upgrades to Guidewire's ClaimCenter and PolicyCenter platforms, tailoring them to meet the unique needs of Germania's home office users. His ACE certifications in both ClaimCenter and PolicyCenter 10.x underscore his mastery of these systems, which are the backbone of many modern insurance operations. But it's his ability to integrate cutting-edge tools that sets him apart. Take, for example, his work with ONEINC, a digital payment platform, and ONESPAN, an electronic document solution. Sadhik designed seamless integrations that allow Germania to process payments and manage documents with unprecedented speed and security. These connections aren't just technical feats; they translate into real-world benefits—faster claim payouts, fewer errors, and happier customers. He also implemented web services for OFAC compliance, VIN verification, and address standardization, ensuring Germania's systems are both robust and regulatory-compliant. Each integration reflects Sadhik's knack for solving practical problems with sophisticated technology, a skill honed over years of working in the trenches of insurance IT. Beyond his day-to-day contributions, Sadhik is pushing the industry forward through research that tackles one of its thorniest issues: fraud. In a recent paper, he proposed a hybrid model combining clustering and support vector machines (SVM) to detect fraudulent health insurance claims. The approach is elegant yet practical—clustering groups similar claims to spot patterns, while SVM classifies them as legitimate or suspicious. Early tests suggest the model can flag anomalies with high accuracy, potentially saving insurers millions by catching fraud before payouts are made. Sadhik's research isn't confined to academia; it's a blueprint for real-world tools that could soon be integrated into platforms like Guidewire, where his expertise lies. The impact of Sadhik's work is already evident at Germania. By automating workflows and enhancing fraud detection, he has helped slash claims processing times, sometimes by days. This speed doesn't come at the cost of accuracy—his systems reduce errors, catching discrepancies that might otherwise slip through. For customers, this means quicker resolutions and a smoother experience, which is critical in an industry where trust is everything. Financially, the benefits are just as stark: fewer fraudulent payouts and lower operational costs translate into healthier bottom lines. Germania's ability to roll out new products, like personal auto and property lines, owes much to Sadhik's technical groundwork, which ensures systems can scale without breaking. Looking ahead, Sadhik sees artificial intelligence as the next frontier for insurance. 'AI isn't just about catching fraud—it's about anticipating needs,' he says. 'Imagine systems that predict claim severity before adjusters even open a file, or policies tailored to individual risk profiles in real time.' His vision aligns with industry trends: a 2024 McKinsey report estimates AI could unlock $1.1 trillion in value for insurers by 2030, with predictive analytics and personalization leading the charge. Sadhik's research and integrations position him at the forefront of this shift, bridging today's tools with tomorrow's possibilities. For insurers, Sadhik's work is a wake-up call. The technology to transform claims processing exists—Guidewire integrations, AI models, and digital payment systems are all within reach. Yet adoption lags, with many firms clinging to outdated workflows. Sadhik's success at Germania shows what's possible when innovation meets execution. His fraud detection model, for instance, could be adapted across carriers, potentially saving the industry billions while protecting policyholders from premium hikes driven by fraud. The challenge now is for insurers to act. Investing in AI-driven solutions isn't just a competitive edge—it's a necessity in a world where customers demand speed and transparency. Sadhik's story offers a roadmap: start with robust platforms like Guidewire, integrate smart tools like ONEINC and ONESPAN, and leverage AI to stay ahead of fraudsters. As Sadhik puts it, 'The future of insurance isn't about reacting—it's about staying one step ahead.' For an industry at a crossroads, that's advice worth heeding.
Wall Street Journal
06-06-2025
- Business
- Wall Street Journal
German Industrial Production Falls as Tariffs Pull Exports Lower
German industrial production declined in the first month of President Trump's global tariff blitz, with exports to the U.S. from Europe's largest economy also falling sharply. Output contracted 1.4% on month, German statistics agency Destatis said Friday, a sharper fall than the 1.0% decline expected by economists polled by The Wall Street Journal.
Yahoo
24-04-2025
- Business
- Yahoo
Germania partners with Nearmap to enhance property risk assessment
Texas, US-based farm mutual insurer Germania Insurance has teamed up with Nearmap to leverage the latter's Betterview platform. This collaboration aims to improve property risk evaluation, optimise inspections and enhance underwriting decisions. By integrating Nearmap's solutions, Germania gains visibility into roof conditions and property risks to mitigate losses from wind and hail claims. For almost a year, Germania has been using the capabilities of the Betterview by Nearmap platform, extracting insights into roof conditions, pinpointing high-exposure risks and refining inspection strategies. The integration allows real-time access to location intelligence solutions, offering insights that enable management of catastrophic-related risks. As the partnership progresses, Germania plans to scale up the use of Nearmap's solutions with a focus on portfolio intelligence across its entire book of business. Germania Insurance enterprise CX operations VP Rachel Bazan stated: 'The Betterview by Nearmap platform enables us to identify potential risks before they result in property damage. With comprehensive insights into roof conditions, roof age and property attributes, we can reduce premium leakage and uphold underwriting best practices.' Nearmap insurance GM David Tobias said: 'By leveraging AI-powered property intelligence, Germania is making smart underwriting decisions, reducing unnecessary claims and improving its ability to serve policyholders across Texas.' Last month, Nearmap launched Portfolio Intelligence, an AI-powered solution that equips insurers with comprehensive insights at the portfolio level. The tool was integrated into the Betterview platform. "Germania partners with Nearmap to enhance property risk assessment " was originally created and published by Life Insurance International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
