Everest Group

MAY 21, 2024

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. Explore the factors driving insurers to partner with specialized service providers and the advantages and obstacles of actuarial outsourcing.

Insurance 64

Insurance Outsourcing Flexibility Risk Management 64

Everest Group

APRIL 23, 2024

Insurance Intermediaries Services Amid evolving market dynamics, the insurance intermediary sector is transforming significantly. The report also examines the global insurance intermediary services market and its provider landscape. They leverage data-driven insights to offer proactive risk management solutions to clients.

Insurance 64

Insurance Service Finance Risk Management 64

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

Forrester Digital Transformation

MARCH 9, 2023

Computer vision technology is a recent entrant in insurance, but it has the potential to revolutionize how insurers process claims, identify fraud, and evaluate risk.

Insurance 130

Insurance Marketing Automation 130

Forrester Digital Transformation

APRIL 8, 2022

Cyber insurance is only one component of a bigger enterprise cybersecurity risk management program. However, the cyber insurance market has been on a roller coaster, with skyrocketing premiums, changes in coverage, and a demand for policies that outweighs available supply.

Insurance 130

Insurance Cybersecurity Risk Management Risk Management 130

IBM Services

MARCH 25, 2024

According to Berenberg analysts , individual insurance companies faced total claims estimates of up to approximately USD 300 million. For other financial services firms outside of the insurance sector, property accepted as loan security might face climate-related risks as well.

Insurance 92

Insurance Service Accounting Risk Management 92

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

Forrester Digital Transformation

JULY 14, 2022

On July 6, 2022, The Travelers Property Casualty Company of America (Travelers Insurance) filed a suit in Illinois Federal Court against International Control Services, Inc (ICS) asking for policy rescission and declaratory judgment against ICS.

Insurance 130

Insurance Service Risk Management Risk Management 130

AS White Global

MARCH 12, 2024

ASW Global has stepped up its efforts in providing viable solutions for the insurance and underwriting industry’s talent shortage dilemma in Australia. The post ASW Promotes International Staffing Solutions for the Insurance Industry with UAC first appeared on ASW Global. We had over 100 attendees registered for the event. ”

Insurance 98

Insurance Service 98

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

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

Forrester Digital Transformation

OCTOBER 26, 2021

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

Insurance 130

Insurance Service 130

Forrester Digital Transformation

NOVEMBER 7, 2022

The four significant insurance themes that emerged from The Future of Insurance, Europe 2022 event.

Insurance 130

Insurance 130

IBM Services

MAY 1, 2023

In this first of two posts, I investigate the anatomy of artificial intelligence and its impact on insurance. Artificial intelligence applied to insurance The insurance industry has always made extensive use of data and algorithms, such as in the calculation of insurance premiums.

Insurance 80

Insurance Customer Service Automation Information Technology 80

Forrester Digital Transformation

OCTOBER 18, 2021

Forrester surveyed customers of the 32 of the largest and most important auto and home insurance brands in France, Germany, Italy, Spain, and the UK about the quality of their experiences as a part of our European Auto And Home Insurers Customer Experience Index, 2021.

Insurance 130

Insurance 130

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

Hyland

OCTOBER 17, 2022

In less than five years, insurers have gone from highly skeptical to fully embracing cloud-first strategies. A cloud computing platform allows insurance companies, with the help of software vendors, to create and host applications in the cloud without being concerned about the infrastructure the application will run on. Integration.

Insurance 98

Insurance Advisory Research Out-Tasking 98

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

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

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

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

Magellan Solutions

APRIL 24, 2023

Stay Ahead of the Compliance Game: How Insurance Companies Can Meet Regulatory Requirements Nowadays, businesses should be up-to-date with the governing laws on data security. Outsourcing insurance compliance services can assist businesses with the changes in regulatory compliance. Additionally, it lowers exposure to potential risks.

Insurance 97

Insurance Reduced Costs Outsourcing Call Center 97

McKinsey and Company

FEBRUARY 3, 2023

In this podcast, three McKinsey partners and leaders of the Insurance Practice discuss the themes that will define Asian insurance in 2023 and beyond.

Insurance 103

Insurance Marketing 103

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. when outsourcing.

Insurance 98

Insurance Customer Service Outsourcing Service 98

McKinsey and Company

APRIL 11, 2023

This represents an outsize year for insurer and enrollment growth. More than 3.6 million new consumers entering the market are choosing among an average of 88 plans.

Insurance 88

Insurance Marketing Healthcare Service 88

Velocity Global

JUNE 7, 2023

and international companies that send foreign employees on assignment to Mexico or allow them to relocate and work in Mexico must prioritize their employees’ safety and health insurance coverage. Read below to learn how to ensure proper and compliant health insurance in Mexico for your expatriate employees living and working in the country.

Insurance 98

Insurance Healthcare Payroll Administrative 98

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

McKinsey and Company

OCTOBER 14, 2021

As economies emerge from the pandemic and plan for the next decade of growth, insurance companies need to rethink the strategic function of risk.

Insurance 114

Insurance Risk Management Risk Management Management 114

Perficient Digital Transformation

APRIL 25, 2022

In our previous blogs , we’ve documented how insurance is a complicated product for the traditional commerce process. Insurance is one of the few products that is purchased that one hopes to never have to use – fulfilling a claim means something bad has happened.

Insurance 98

Insurance Service 98

IBM Services

MAY 8, 2023

In my previous post , I described the different capabilities of both discriminative and generative AI, and sketched a world of opportunities where AI changes the way that insurers and insured would interact. As AI technologies continues to mature and use cases expand, insurers should not shy from the technology.

Insurance 71

Insurance Government Regulations Analytics 71

Perficient Digital Transformation

MARCH 3, 2023

In this blog, we’re going to stay in the world of finance, but pivot to embedded insurance. Recall flying back in the 1970s, when airlines began offering life insurance at the airport to folks before they boarded their flight. Apple makes significant profits selling insurance on their phones. i-Insurance anyone?

Insurance 64

Insurance Finance Banking Sales 64

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

Perficient Digital Transformation

JANUARY 28, 2022

As customer expectations around how to purchase insurance online evolve, it’s crucial for insurance carriers to create online purchasing experiences that exceed expectations and drive revenue and growth opportunities for their organizations. The insurance industry, just like any other, has seen its trends evolve.

Insurance 119

Insurance 119

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

McKinsey and Company

DECEMBER 21, 2022

Leaders in McKinsey’s insurance practice discuss industry trends and how companies can be successful by rethinking the life insurance model.

Insurance 89

Insurance Management 89

Everest Group

FEBRUARY 29, 2024

Explore the Insurance BPO price benchmarking catalog, featuring comprehensive pricing coverage of 15 insurance BPO functions.

Insurance 52

Insurance BPO Marketing 52

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