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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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Identifying Automation Opportunities for Property and Casualty Insurers

Automation Anywhere

Property and casualty (P&C) insurance, also known as non-life or general insurance , refers to a range of coverages including property insurance that covers items such as automobiles, homes, or commercial buildings, as well as casualty insurance that covers legal liability for injuries or losses incurred by a third-party individual or business.

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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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How RPA Improves Insurance Claims Processing Efficiency

Invensis

Insurance in particular, focuses around the processing of large scale data pools. The problem with information-intensive processing manually is the […]. The post How RPA Improves Insurance Claims Processing Efficiency appeared first on Invensis Technologies.

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From Exhaustion to Empowerment: Managing the Human Energy Crisis with Automation

Zinnov

Intelligent Automation and its constituent technologies such as Process Intelligence, Low Code/No Code, Intelligent Document Processing, and Robotic Process Automation can help address burnout and manage the human energy crisis. These factors, when left unaddressed, can eventually lead employees to quit.

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A Complete Guide to RPA Automation of Accounting and Finance Operations

V-Soft Consulting

This revolution necessitated the banking, financial services, and insurance industries to alter their business strategies to drive digital transformation. Automation has taken center stage in this process. One such automation solution is Robotic Process Automation (RPA).