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.
IBM Business Partners
JUNE 23, 2023
Although interest rates have increased at an unprecedented rate over the past year due to efforts by central banks to curb inflation, insurers are locked into low-yielding investments, and it will take several years for their investment yields to improve. Core modernization (processes and technology) is a top priority for every insurer.
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3Pillar Global
MARCH 14, 2024
When patients or members interact with your digital platforms, they’re engaging in transactional experiences—scheduling appointments, checking results, verifying insurance coverage, etc. In the end, it can reduce overhead—which reduces costs both now, and in the future as your organization grows.
Everest Group
FEBRUARY 2, 2023
This can save money on transaction processing, leading to lower operating costs. Banks are using blockchain to help manage the documents needed for completing a trade transaction, including contracts, letters of credit, bills of lading, import/export licenses, insurance certificates, and more. What is the future of blockchain?
Metasource
JUNE 7, 2023
With the right industry- or department-specific solution, you can eliminate repetitive, manual tasks , and significantly expedite document-centric processes. Here are some common applications for intelligent document processing: Invoices: Optimize invoice processing by reducing manual data entry and speeding up payments.
Amzur
JANUARY 10, 2024
With the proliferation of data and technological maturity across industries, AI implementation has become a lynchpin in bringing new levels of automation, consistency, scalability, and reduced costs. However, with a plethora of AI tools available, selecting the right one for your specific needs can be a daunting task.
Metasource
MARCH 21, 2023
Real Estate Costs Storing paper-based documents in your office is an inefficient (and costly) use of real estate. Let’s do the math: a standard 4-drawer filing cabinet can take up 17 square feet of office space, which includes the size of the unit plus the amount of space needed to access the files inside. Ready to get started?
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