Everest Group

MAY 24, 2023

As the insurance industry undergoes a paradigm shift post-pandemic, digital transformation can improve customer experience and engagement. Partnering with service providers will help insurers overcome barriers and improve efficiencies. Read on to learn more. Reach out directly to discuss or for more information.

Insurance 52

Insurance Risk Management Risk Management Analytics 52

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.

Insurance 61

Insurance Administrative Right-Sizing Automation 61

Magellan Solutions

JULY 21, 2021

Different Types of Insurance Claims Outsourcing. Insurance claims outsourcing proves to be helpful for insurers worldwide. Insurance products and services are ever-changing in this specific niche. Yet services of insurance BPO remain consistent. Property Insurance Claims. Shop insurance.

Insurance 52

Insurance Outsourcing Data Entry BPO 52

ScaleHub

JULY 26, 2022

How can insurance companies avoid high customer attrition? Attendees heard from industry experts, Marcus Wollny, CIO of Deutsche Familienversicherung AG , and Christoph Müller, COO of Real Garant Versicherung AG (part of the Zurich Insurance Group). His presentation showed the potential that AI provides for automating settlements.

Insurance 52

Insurance Sales Collaborations Automation 52

Everest Group

APRIL 21, 2023

With pension risk transfer (PRT) activity hitting post-pandemic record highs of $53 billion in North America market volume last year, this growing market represents a massive untapped opportunity for technology and services providers to leverage their retirement and pension expertise to deliver new solutions.

Insurance 52

Insurance Administrative Accounting Marketing 52

Magellan Solutions

JUNE 22, 2021

Innovating your insurance accounting outsourcing through digitalization is one way to adapt with the ever changing situation of the industry. Insurance accounting outsourcing has been a big help for any small businesses. That’s why BPO companies offer full automation in their processes. Faster Claims.

Insurance 52

Insurance Accounting Outsourcing BPO 52

AS White Global

AUGUST 10, 2022

In recent years, insurers have relied on outsourcing insurance services to give them a significant edge in this highly competitive industry. Insurance companies have had to adapt to changes in regulations and to their customers’ evolving needs in response to the pandemic situation. Access to a wider pool of qualified talent.

Offshoring 52

Offshoring Insurance Service Data Entry 52

Magellan Solutions

FEBRUARY 20, 2021

Who Needs Insurance Outsourcing? Outsourcing is an effective business solution for most industries. As a matter of fact, insurance BPO projection within the period of 2020-2027 is at $8.3 As a matter of fact, insurance BPO projection within the period of 2020-2027 is at $8.3 Insurance Outsourcing Service Providers Offer.

Insurance 52

Insurance Outsourcing BPO Data Entry 52

AS White Global

AUGUST 10, 2022

In recent years, insurers have relied on outsourcing insurance services to give them a significant edge in this highly competitive industry. Insurance companies have had to adapt to changes in regulations and to their customers’ evolving needs in response to the pandemic situation. Access to a wider pool of qualified talent.

Offshoring 52

Offshoring Insurance Service Data Entry 52

IBM Services

JANUARY 15, 2024

As an insurance company integrating technology into the new development landscape, BoB-Cardif Life Insurance Co., As an insurance company integrating technology into the new development landscape, BoB-Cardif Life Insurance Co.,

Efficiency 72

Efficiency Insurance Robotics Process Automation Automation 72

Perficient Digital Transformation

FEBRUARY 22, 2023

Whether you’re an insurance carrier or a broker, change is here and change is about to accelerate beyond the prior few years when our world was modified in ways none of us had ever seen. Basically, executives are looking for more targeted point solutions that teams can adjust to at their own pace.

Insurance 64

Insurance Out-Tasking Service Research 64

Everest Group

MARCH 23, 2023

They are also building operational resiliency in the post-pandemic environment by formulating transformation strategies that create a digitally-enabled value chain, including the retirement of legacy platforms, cloud migration, and process automation.

Marketing 98

Marketing Robotics Process Automation Service Insurance 98

Hyland

OCTOBER 31, 2022

In this piece: What is claims leakage? Reducing claims leakage. Claims has been a top concern for property and casualty insurers , especially with recent events such as the COVID-19 pandemic and the ongoing threat of natural disasters. Claims in sectors like auto insurance increased in severity in recent years.

Efficiency 52

Efficiency Insurance Analytics Sourcing 52

Magellan Solutions

MARCH 22, 2021

Insurance BPO is a gold mine. That is why Insurance Business Process Outsourcing exists. In this article, we will discuss with you how insurance BPO can help you increase your sales. What is an Insurance BPO? Insurance Business Process Outsourcing or Insurance BPO makes your life easy by handling back-office tasks.

Insurance 52

Insurance BPO Sales Business Process Outsourcing 52

ScaleHub

FEBRUARY 9, 2022

It’s a blessing to work on a solution that can potentially improve so many business challenges in as many industries. Today we’re pleased to share the story of how one of Germany’s largest public health insurers achieved instant scalability with ScaleHub. . Each of the 25,000 scanned applications had to be manually validated.

Insurance 52

Insurance Out-Tasking Automation Regulations 52

Everest Group

MAY 19, 2022

With increased cyber attacks and data breaches post-pandemic, cyber insurance to protect against the rising digital threats is growing in demand. Cyber insurers can benefit by partnering with service providers to seize opportunities for growth and profitability in this fast-growing market. Read on to learn how. .

Insurance 52

Insurance Marketing Cybersecurity Engineering 52

Automation Anywhere

SEPTEMBER 17, 2022

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. Manual processes.

Reduced Costs 52

Reduced Costs Robotics Process Automation Management Insurance 52

Everest Group

MARCH 23, 2023

They are also building operational resiliency in the post-pandemic environment by formulating transformation strategies that create a digitally-enabled value chain, including retirement of legacy platforms, cloud migration, and process automation.

Marketing 86

Marketing Robotics Process Automation Service Insurance 86

Everest Group

NOVEMBER 28, 2023

The Managing General Agent (MGA) sector is a bright spot in a turbulent insurance market. Technology investments and strategic partnerships will be key to redefining risk and driving innovation for these specialized insurance agents/brokers. The data provides a compelling sense that MGAs have a bright future ahead.

Insurance 59

Insurance Service Co-Sourcing Analytics 59

Hyland

OCTOBER 11, 2022

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. Automated workflows are an essential part of a case management solution. Process mining. Task mining.

Robotics Process Automation 98

Robotics Process Automation Automation Insurance Out-Tasking 98

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. Consider you are relying on employees to manually administer claims or invoice processing, which is a tedious and error-prone activity.

Data Entry 103

Data Entry Right-Sizing Robotics Process Automation Automation 103

ScaleHub

OCTOBER 25, 2022

We are thrilled to announce that ScaleHub will exhibit their scalable automated collective intelligence solutions at Connected Claims USA 2022 , held in Chicago from November 2nd to November 4th. Claims processing can be an uphill battle It’s no secret that submitting a claim is a make-or-break moment for an insurance company.

Insurance 52

Insurance Sourcing Automation Efficiency 52

Automation Anywhere

NOVEMBER 23, 2021

Increasingly, healthcare companies are turning to intelligent automation. By integrating Robotic Process Automation (RPA) with artificial intelligence (AI), healthcare providers can automate complex processes end-to-end, with many decision points also automatable if they are based on clear rules. Improve quality.

Healthcare 80

Healthcare Automation Robotics Process Automation Administrative 80

3Pillar Global

MARCH 7, 2024

How healthcare payers can avoid generative AI becoming a net negative As members demand more personalization and convenience from health insurers, payers face competitive pressure and rising healthcare costs. These layered pressures are forcing many payers to consider creative solutions to manage risk and reduce organizational inefficiencies.

Healthcare 52

Healthcare Insurance Administrative Out-Tasking 52

Hyland

JUNE 13, 2022

As digital transformation makes way for digital evolution, a state in which automation and digitization are continuously being iterated upon and optimized, many organizations find themselves dealing with situations nearly as challenging as those they were looking to improve with automation in the first place. Frost and Sullivan$.

Robotics Process Automation 98

Robotics Process Automation Human Resources Out-Tasking Automation 98

Metasource

JULY 12, 2023

” This includes identifying process bottlenecks, automating manual tasks, and streamlining workflows for maximum productivity. Reduced Compliance Risks : By automating workflows and eliminating manual tasks, organizations reduce the risk of errors and compliance issues often caused by data entry errors or lost documents.

Management 52

Management Business Process Outsourcing Robotics Process Automation Reduced Costs 52

Magellan Solutions

SEPTEMBER 18, 2023

Moreover, AI can accelerate patient recruitment by automating patient screening. Medical Claims Processing AI-powered systems are like smart assistants for processing medical claims. Also, healthcare places like clinics and hospitals can use AI to learn from past claims. Outsource Your Healthcare Services With Us!

Healthcare 98

Healthcare Research Efficiency Insurance 98

Automation Anywhere

MARCH 9, 2021

If you’ve read our blogs, you know that we discussed intelligent automation many times. And included in any discussion of intelligent automation is one increasingly important AI technology: computer vision. Computer vision is an essential component in any intelligent RPA solution. billion in 2019 and is expected to reach $11.44

Automation 97

Automation Robotics Process Automation Insurance Retail 97

Metasource

JUNE 7, 2023

That said, these solutions streamline the processing of a variety of documents, including invoices, claims, and incoming mail. Automated document processing uses advanced algorithms and OCR technology to process files and identify information, including names, addresses, dates, and amounts – whether handwritten or typed.

Data Entry 52

Data Entry Automation Right-Sizing Digital Intelligence 52

Automation Anywhere

APRIL 6, 2021

Mortgage applications, medical reports, contracts, and insurance claims can automatically be digitized and structured, with each piece of data being labeled by computer vision. To realize the vision of IDP taking over manual document processing, IDP customers must consider how these solutions process at scale.

Insurance 95

Insurance Data Entry Automation Software 95

Amzur

AUGUST 5, 2021

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. .

Insurance 74

Insurance Robotics Process Automation Human Resources Call Center 74

Perficient Digital Transformation

DECEMBER 13, 2023

This article focuses on the Pharmacy Benefits Management (PBM) company, exploring the challenges such a company faces, the value it provides to its clientele, and how Perficient leverages its talent pool of business analysts, developers, architects, and process managers to provide technical solutions to address their needs.

Healthcare 52

Healthcare Management Analytics Insurance 52

SirionLabs

JUNE 9, 2022

Private health insurance carriers in the United States are responsible for providing coverage to more than 70 percent of the country’s population. Insurers need to draw up multiple contracts and negotiate favorable terms with them, all the while ensuring compliance with state and federal regulations.

Healthcare 52

Healthcare Insurance Services Contracting Regulations 52

SirionLabs

JUNE 9, 2022

Private health insurance carriers in the United States are responsible for providing coverage to more than 70 percent of the country’s population. Insurers need to draw up multiple contracts and negotiate favorable terms with them, all the while ensuring compliance with state and federal regulations.

Insurance 52

Insurance Healthcare Services Contracting Regulations 52

ScaleHub

JULY 19, 2022

Following his time in the US Army, Mark began working in the automation software sector. ScaleHub’s crowdsourcing solutions address a longstanding hole in the IDP automation process in a truly novel way: by leveraging the evolution of artificial intelligence and machine learning and combining that evolution with human intelligence.

Sales 52

Sales Management Data Entry Insurance 52

Amzur

JANUARY 18, 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. Consider you are relying on employees to manually administer claims or invoice processing, which is a tedious and error-prone activity.

Data Entry 52

Data Entry Right-Sizing Robotics Process Automation Automation 52

Amzur

JANUARY 18, 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. Consider you are relying on employees to manually administer claims or invoice processing, which is a tedious and error-prone activity.

Data Entry 52

Data Entry Right-Sizing Robotics Process Automation Automation 52