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How RPA Improves Insurance Claims Processing Efficiency

Invensis

Insurance in particular, focuses around the processing of large scale data pools. The problem with information-intensive processing manually is the […]. The post How RPA Improves Insurance Claims Processing Efficiency appeared first on Invensis Technologies.

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How IBM process mining unleashed new efficiencies in BoB-Cardif Life

IBM Services

Enterprises now recognize the importance of leveraging innovative technologies to drive digital transformation and achieve cost efficiency. How do organizations avoid the digital risks of ‘technology misuse’ and achieve efficient innovation that ‘technology promotes production’?

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Improve Insurance Underwriting with Intelligent Automation

Automation Anywhere

When it comes to underwriting, the goal for insurance carriers is to determine the right price for the right risk. Meeting that goal can help them not only be competitive in today's crowded, highly demanding insurance market but also assist them in achieving profitable growth with reasonable loss ratios.

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Identifying Automation Opportunities for Property and Casualty Insurers

Automation Anywhere

Property and casualty (P&C) insurance, also known as non-life or general insurance , refers to a range of coverages including property insurance that covers items such as automobiles, homes, or commercial buildings, as well as casualty insurance that covers legal liability for injuries or losses incurred by a third-party individual or business.

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Transformation Imperatives for Wholesalers and MGAs in Insurance: Exploring Opportunities to Unlock the Next Growth Phase | Blog

Everest Group

Managing General Agents (MGAs) and wholesalers are becoming increasingly relevant in the insurance ecosystem due to the unique advantages they have over brokers/agents. Technology and business process services (BPS) providers can help MGSs reduce costs and increase their digitization and automation intensity.

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From Exhaustion to Empowerment: Managing the Human Energy Crisis with Automation

Zinnov

Intelligent Automation and its constituent technologies such as Process Intelligence, Low Code/No Code, Intelligent Document Processing, and Robotic Process Automation can help address burnout and manage the human energy crisis. These factors, when left unaddressed, can eventually lead employees to quit.

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Claims Management: How to Effectively Manage Claims and Reduce Costs

Automation Anywhere

As with any other industry, the insurance sector is under immense pressure to increase efficiency and remain competitive in an increasingly digital business landscape. To address this challenge, insurance companies can use Robotic Process Automation (RPA) and artificial intelligence to drive growth.