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Revolutionizing Risk: Exploring Actuarial Outsourcing in Insurance | Blog

Everest Group

Outsourcing is a growing trend in the insurance industry to transform the actuarial function by reducing costs, creating innovation, increasing efficiencies, and filling the talent demand. This growth rate surpasses most occupations, signaling a promising future for those working in the industry.

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How Can Regional Insurance Carriers Harness the Power of AI?

Perficient Digital Transformation

In today’s rapidly evolving technological landscape, artificial intelligence (AI) has emerged as a game-changer for various industries. One such industry that will be forced to utilize AI solutions to gain a competitive advantage is the regional insurance carrier industry.

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The business value of operating core insurance solutions on the cloud

IBM Business Partners

Although interest rates have increased at an unprecedented rate over the past year due to efforts by central banks to curb inflation, insurers are locked into low-yielding investments, and it will take several years for their investment yields to improve. Core modernization (processes and technology) is a top priority for every insurer.

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Your Guide to Business Process Automation (BPA)

Metasource

Implementing technology to streamline corporate operations is becoming increasingly popular. Many organizations have quickly joined the automation revolution to boost productivity, enhance customer service, reduce costs, and enable remote work. What is Business Process Automation? Reduce costs.

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Unleashing IT Industry Growth Potential with Asset-Based Business Models | Blog

Everest Group

With slowed IT industry growth, service providers can drive momentum with asset-based business models that center on delivering services built on digital products and platforms or monetizing the platforms and assets themselves. Service provider leaders are grappling to help the IT industry find new avenues of growth.

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The Future of Blockchain in Banking and Financial Services and FinTechs | Blog

Everest Group

The banking industry is redefining itself through emerging technology that is improving products, customer services, and operational efficiencies. In recent years, blockchain adoption has increased in banking and financial services and the emerging FinTech industry. Legacy banks and nations are now following the wave.

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Intelligent Document Processing 101: What It Is & How It Works

Metasource

Intelligent document processing (IDP) has emerged as a way to not only eliminate manual tasks and minimize operating costs but also free up employees’ time, reduce errors, improve decision-making, ensure business continuity, and enable remote work. How Does Automated Document Processing Work?