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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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RPA vs AI – Differences you need to know

Serigor Inc

RPA or Robotic Process Automation is a technology or process that works by making a software bot copy human actions. What is robotic process automation? RPA is an automation process that works by mimicking or copying human actions concerning a particular task.

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Your guide to intelligent document processing (IDP)

Hyland

Use cases for intelligent document processing. Think about how many employee onboarding forms, insurance claims, contracts, electricity bills, know your customer (KYC) paperwork, invoices and identification documents change hands within your organization every day. Process mining. Task mining.

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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.

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5 stand-out articles in 5 minutes: Industry favorites from June 2022

Hyland

The 60-second download: When combined with artificial intelligence and machine learning, hyperautomation helps organizations achieve efficiency by automating tasks and creating structure around previously unstructured content. Tech lends a hand in mortgage application process. How robotic process automation supports users.

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50+ RPA use cases

Hyland

It’s tempting, when considering use cases for a new investment, to zoom out and look at everything the solution could possibly handle — “Imagine the ROI!” And while this approach may work to get a new implementation approved, it’s not the best way to roll out said implementation. Look to robotic process automation (RPA) as an example.

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Top 4 dominated future technology trends of InsurTech

Amzur

Insurtech, a word that refers to technology designed to improve efficiency within the insurance industry, has been accelerating for years. Now, most modern insurance companies agree that improving their technology is a key component of their future success, but that doesn’t mean reaching that future will be simple or easy. .