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Top 7 Benefits of Outsourcing Administrative Functions for Insurance Companies

Magellan Solutions

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.

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Is Artificial Intelligence relevant to insurance?

IBM Services

In this first of two posts, I investigate the anatomy of artificial intelligence and its impact on insurance. Along with the explosion of information technology in the 1950’s, the term ‘artificial intelligence’ (AI) was coined by John McCarthy in 1956.

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Top 6 IT Challenges in Healthcare Industry

31 West

But the real kick in the pants is the challenges that bubble up with the incorporation of the Information Technology in Healthcare Industry. These new technologies have the potential to pose the most fearsome challenges which can’t be ignored by a wise CEO of this industry. Data and Incorporated Health Services.

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Application and Digital Services (ADS) in Property & Casualty (P&C) Insurance PEAK Matrix® Assessment 2023

Everest Group

Top Application and Digital Services (ADS) in Property & Casualty (P&C) Insurance Services In the last few years, the Property and Casualty (P&C) insurance industry has experienced numerous challenges due to the pandemic, regional geopolitical conflicts, and strained macroeconomic conditions. Our Thinking.

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5 Questions to Ask When Looking for an Offshore Partner for Outsourcing Insurance Services

AS White Global

When Luke Eagle started his own company in 2017, he saw an opportunity to grow his “ one-man band ” operations into an insurance brokerage firm that provided a holistic approach in fulfilling various insurance needs. Since 2014, the insurance BPO industry has seen a consistent yearly growth of 9-10%. Client renewals.

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What is IT Compliance & Why You Need it?

31 West

Regulations of IT compliance vary by the industry you operate in, and it keeps changing. As an industry expert, you must know which regulations to apply to your sector. However, IT compliance responsibility can be assigned to someone familiar with industry-specific rules and relevant technical measures. GDPR for EU citizens.

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Low-code Application Development Platforms PEAK Matrix® Assessment 2023

Everest Group

Organizations across various industries are increasingly embracing low-code solutions to streamline their application development processes and enhance operational agility. Looking ahead, low-code technology’s influence will expand beyond internal applications to include customer-facing solutions and seamless integrations.

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