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Transformation Imperatives for Wholesalers and MGAs in Insurance: Exploring Opportunities to Unlock the Next Growth Phase | Blog

Everest Group

Managing General Agents (MGAs) and wholesalers are becoming increasingly relevant in the insurance ecosystem due to the unique advantages they have over brokers/agents. Technology and business process services (BPS) providers can help MGSs reduce costs and increase their digitization and automation intensity.

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Capital Markets Operations – Services PEAK Matrix® Assessment 2023

Everest Group

They are offering solutions that accelerate the shift from robotic process automation to intelligent automation and bringing in technologies such as predictive and prescriptive analytics, ESG profiling, and distributed ledger technology.

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Capital Markets Operations – Services PEAK Matrix® Assessment 2023

Everest Group

They are offering solutions that accelerate the shift from robotic process automation to intelligent automation, and bringing in technologies such as predictive and prescriptive analytics, ESG profiling, and distributed ledger technology.

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The Future of Outsourcing in BPO Companies in 2024

Magellan Solutions

Over-automation Over-automation, or hyper-automation, is the complete integration of various technologies, such as RPA and AI, to automate all processes from beginning to end.

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What Is Business Process Management (BPM)?

Metasource

How Does Automation Fit into Business Process Management? Automation takes business process management initiatives to the next level. Claims Processing For organizations in industries like insurance, claims processing can be a complex and time-consuming task.

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A Practical Guide To AI Implementation Strategy For SMBs

Amzur

Compliance: If you’re operating in different regions, high-quality data is crucial for accurate compliance checks, ensuring adherence to stringent country-specific regulations. Example: Managing extensive data sets and diverse formats and ensuring adherence to privacy regulations presents a significant challenge for many businesses.

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6 Things to Consider When Choosing an RPA Vendor

Automation Anywhere

Robotic Process Automation (RPA) is a software technology that anyone can use to automate manual tasks and business processes. RPA can accelerate processes completions, reduce errors, boost compliance, save audit time and related costs, and free up your staff for higher-value work.