Perficient Digital Transformation

JUNE 1, 2023

As the financial services industry continues to evolve, companies are looking for ways to stay ahead of the competition and increase their market share. Insurance: Generate compelling content that enhances internal communication and fosters improved customer relationships through effective knowledge management practices.

Service 59

Service Banking Insurance Regulations 59

Magellan Solutions

APRIL 28, 2023

Top 7 Benefits of Outsourcing Administrative Functions for Insurance Companies Insurance companies encounter a variety of challenges nowadays. Outsourcing administrative functions for insurance companies has been a proven strategy to consider. With the rising inflation, insurance companies are looking for ways to reduce costs.

Administrative 98

Administrative Insurance Outsourcing Data Entry 98

Perficient Digital Transformation

DECEMBER 29, 2023

Since that blog was published, the FDIC has issued an update on its Restoration Plan for the Deposit Insurance Fund (DIF). Since that blog was published, the FDIC has issued an update on its Restoration Plan for the Deposit Insurance Fund (DIF). percent by the statutory deadline of September 30, 2028. percent as of June 30, 2023.

Insurance 52

Insurance Banking Accounting Service 52

McKinsey and Company

MAY 8, 2023

Interamerican demonstrates how Southern European insurers can launch a successful agile transformation within their own cultural contexts.

Insurance 129

Insurance Service 129

McKinsey and Company

SEPTEMBER 7, 2022

Financial-services companies—specifically in banking and insurance—have an opportunity to address equity and gain commercial benefits by better serving Black consumers.

Service 88

Service Insurance Banking 88

Perficient Digital Transformation

MARCH 3, 2023

In our last blog, How Embedded Finance is Changing Purchasing & Borrowing Behaviors , we looked at embedded payments and loans and why companies would want to offer (increased sales, lower inventory, processing costs, data gathering) these bank-like services. Apple makes significant profits selling insurance on their phones.

Insurance 64

Insurance Finance Banking Sales 64

Forrester Digital Transformation

MARCH 22, 2022

We’ve been diving deep into a number of topics that financial services executives and their teams care about (or should care about). A crop of fintech startups and large financial providers are investing in embedded finance — in which financial products and […].

Research 130

Research Finance Service Insurance 130

Forrester Digital Transformation

MARCH 31, 2023

Insurers must focus on the ‘S’ of ESG to grow the market — and their revenue. Here’s how insurers can overcome top challenges and achieve scale.

Insurance 130

Insurance Marketing Finance Service 130

Perficient Digital Transformation

FEBRUARY 28, 2024

With new risks, shifting market dynamics, and the unstoppable march of technology, the insurance industry finds itself at a crossroads. The imperative for transformation has never been clearer, and this is highlighted in Forrester’s report, The Future Of Insurance.

Insurance 59

Insurance Automation Out-Tasking Efficiency 59

Everest Group

DECEMBER 15, 2023

Low-code Technology Providers in Insurance – Products In recent years, insurance enterprises have embarked on a modernization spree to improve the experience for both customers and stakeholders. Insurers are increasingly relying on low-code technology for rapid application development, integration, and meeting time-to-market needs.

Insurance 97

Insurance Manufacturing Research Marketing 97

Perficient Digital Transformation

JULY 12, 2022

Across financial services – industries such as banking, wealth management, and insurance – the need for greater personalization has been a theme for several years. In the financial services industry, security, stability, and protection are foundational brand values from which to deliver customer experiences.

Service 69

Service Insurance Banking Automation 69

Everest Group

AUGUST 24, 2022

Top Financial Crime and Compliance (FCC) Operations Service Providers Financial Crime and Compliance (FCC) operations continue to grow within the Banking and Financial Services (BFS) industry.

Banking 52

Banking Insurance Service Advisory 52

Perficient Digital Transformation

APRIL 25, 2022

In our previous blogs , we’ve documented how insurance is a complicated product for the traditional commerce process. Let’s recap what we’ve covered: It’s a product that is mandated by the state, financial institutions, and professions for many parts of life – driving, homeownership, rental, professional liability, and others.

Insurance 98

Insurance Service 98

Perficient Digital Transformation

FEBRUARY 27, 2024

This blog was co-authored by Perficient’s Insurance Principal and expert: Brian Bell As we step into 2024, the insurance industry faces significant transformations driven by technological advancements and evolving customer expectations. Digitizing functional processes can lead to significant cost savings and efficiency gains.

Insurance 52

Insurance Streamline Operations Analytics Efficiency 52

Magellan Solutions

APRIL 19, 2023

8 Secrets to Improving Customer Service in the Insurance Industry with Outsourcing If customers do not get satisfactory service, they easily switch to other competitors. In order to keep up with the changing needs, improving customer service in insurance is one of the top priorities of businesses.

Insurance 98

Insurance Customer Service Outsourcing Service 98

Perficient Digital Transformation

APRIL 3, 2024

Insurers are constantly striving to improve their operations, provide better experiences for customers, and minimize risks. Monica Gernert, a project manager, and insurance expert at Perficient, provided a critical perspective around genAI that’s quoted in the report. This kind of intelligence proves the noble purpose of insurance.”

Insurance 52

Insurance Sourcing Efficiency Management 52

Perficient Digital Transformation

NOVEMBER 21, 2023

With nearly three decades of experience directing commercial lending, corporate finance, and insurance for leading brands, Perficient’s Insurance Principal, Brian Bell, stands at the forefront of our financial services practice. Brian believes insurance serves a noble purpose and is a great source of pride.

Insurance 52

Insurance Research Jobbing Finance 52

MicroAgility

JUNE 30, 2022

Blockchain in financial services is still largely a technical innovation, but its applications and potential business models are expanding on an exponential curve. Blockchain payment and financial services applications are bound to transform how the world acts and interacts.

Service 52

Service Banking Finance Insurance 52

Forrester Digital Transformation

OCTOBER 26, 2021

Find out what Forrester predicts for insurance companies in 2022 and beyond.

Insurance 130

Insurance Service 130

Magellan Solutions

JUNE 25, 2021

The US financial crisis had an impact on the outsourcing industry. Mortgage service providers were the most affected ones. The financial meltdown in the U.S. 3 main types of credits credit services outsourcing. In comparison to a service or task that someone performs for you. . But this did not stop them.

Call Center 52

Call Center Outsourcing Service Banking 52

Everest Group

OCTOBER 26, 2023

Cloud Services in Insurance The insurance industry has been relatively slow in adopting digital measures due to regulatory constraints and product complexities. In the past, insurers have embraced cloud technology as one of the prominent technologies. However, carriers are embracing the change to become risk mitigators.

Insurance 64

Insurance Service Resource Optimizing Marketing 64

Perficient Digital Transformation

OCTOBER 7, 2022

The Insurance Information Institute, an industry-funded research group, estimates that Ian has caused at least $30 billion in damage. Now that the storm has passed, residents are scrambling to assess damages to their homes and businesses and, if insured, begin the claims processes with their insurers. Community outreach.

Insurance 64

Insurance Banking Flexibility Research 64

McKinsey and Company

MAY 3, 2023

AI’s potential for competitive advantages remains largely unrealized in the Asian insurance industry. There is a framework for success: invest in AI not discretely but across the value chain.

Insurance 75

Insurance Management Service 75

McKinsey and Company

NOVEMBER 16, 2022

The global life insurance industry is facing an inflection point. A fundamental reimagination will usher in significant change.

Insurance 85

Insurance Service 85

Automation Anywhere

JANUARY 20, 2021

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.

Insurance 98

Insurance Automation Robotics Process Automation Sourcing 98

Perficient Digital Transformation

JANUARY 26, 2022

On February 2, Perficient’s Colletti will moderate a webinar that will feature GM Financial and Adobe. GM Financial will share how it continues to focus on the customer, while Adobe will discuss what all financial services companies can do to become “experience makers.” We’d love for you to join us.

Banking 113

Banking Service Analytics Research 113

IBM Services

DECEMBER 4, 2023

This approach can accelerate speed-to-market by providing enhanced capabilities for developing innovative products and services, facilitating business growth and improving the overall customer experience in their interactions with the company.

Insurance 56

Insurance Cybersecurity Risk Management Risk Management 56

Everest Group

MAY 24, 2023

As the insurance industry undergoes a paradigm shift post-pandemic, digital transformation can improve customer experience and engagement. Partnering with service providers will help insurers overcome barriers and improve efficiencies. Read on to learn more. Reach out directly to discuss or for more information.

Insurance 52

Insurance Risk Management Risk Management Analytics 52

Capgemini

NOVEMBER 30, 2022

FOCUS ON DATA ECOSYSTEMS IN THE ERA OF FINANCIAL SERVICES Ashvin Parmar 7 September 2022. Facebook Twitter Linkedin Constructing data ecosystems has helped financial companies become nimbler and move faster. As the line blurs between traditional financial services and retail experiences, companies know they must rapidly adapt.

Service 52

Service Finance Risk Management Risk Management 52

McKinsey and Company

SEPTEMBER 30, 2021

Over the next decade, the fully tech-enabled insurer will bear little resemblance to today’s organization. Five trends, individually and in combination, will have a seismic impact.

Insurance 143

Insurance Service 143

Perficient Digital Transformation

MARCH 8, 2023

Fortunately, most societies today don’t legally bar women from partaking in these tasks, but the ancient history of shutting doors on women seeking greater financial control has left an undeniable gender gap in the world of financial services and a lingering, detrimental attitude that money management is a man’s job.

Service 64

Service Finance Accounting Out-Tasking 64

Everest Group

JULY 7, 2023

Embracing sustainability in the insurance industry is not just a choice, but a necessity for a resilient future. By integrating Environmental, Social, and Governance considerations into their practices, insurers can mitigate risks and foster long-term value for customers, shareholders, and the planet.

Insurance 52

Insurance Analytics Government Risk Management 52

McKinsey and Company

MARCH 17, 2022

As insurers rethink agent relationships, American Family Insurance is looking ahead, investing in digital tools and solutions that help agencies stay on top of trends and changing customer needs.

Insurance 117

Insurance Service 117

McKinsey and Company

SEPTEMBER 15, 2022

Autonomous mobility has the potential to dramatically transform the automotive insurance market, from underwriting to claims and beyond.

Insurance 126

Insurance Marketing Service 126

Magellan Solutions

JULY 21, 2021

Different Types of Insurance Claims Outsourcing. Insurance claims outsourcing proves to be helpful for insurers worldwide. Insurance products and services are ever-changing in this specific niche. Yet services of insurance BPO remain consistent. Property Insurance Claims. Shop insurance.

Insurance 52

Insurance Outsourcing Data Entry BPO 52

McKinsey and Company

SEPTEMBER 15, 2022

Here’s the role insurers can play. The world’s transition to net-zero emissions will cost trillions of dollars and present new kinds of risks.

Insurance 96

Insurance Service 96

Everest Group

OCTOBER 7, 2023

Property and Casualty (P&C) Insurance BPS Enterprises have been increasingly turning to P&C insurance BPS providers during the recession to address elevated operating costs resulting from heightened inflation, which has led to increased claims expenses and rate adjustments for various P&C products.

Insurance 64

Insurance Human Resources Payroll Outsourcing 64