Attracting and retaining customers are persistent challenges confronting insurers. Attribute this to the technology advancements…
Certificates of Insurance (COI) are legal documents of proof of an individual or entity’s insurance…
Insurance fraud detection has assumed a level of sophistication unthinkable even until a few years…
The insurance policy renewal process is undergoing a paradigm shift in today’s digital era. Like…
Employee benefits insurance emerged because of a few historical, social, and economic factors. It was…
Accounting practices of property and casualty (P&C) insurance companies vary widely. This variance depends on…
One of the most crucial pillars of the insurance industry is efficient insurance claims processing.…
A traditional insurance agency’s workflow often involves labor-intensive and error-prone manual processes for policy management,…
This Decade is Fast Turning Out to be the ‘Decade of Disruptions’. 2020 started with…
Top challenges facing the insurance industry According to the Annual Insurance Review, natural disasters, ESG responsibilities,…
AI-driven World of Today and Tomorrow With Artificial Intelligence (AI) making fast and drastic inroads…
It has become challenging to survive in today’s volatile business environment. This is why we…
A professional insurance company must have a strong policy management system. Insurers can enjoy a…
According to Facts and Factors , “The global insurance business process outsourcing market size was…
The insurance sector has been struggling to manage the continuously increasing expenditure and for many…
While the property and casualty industry continues to flourish, repetitive insurance back-office activities needing a…
Insurance companies deal with large-size data sets daily to process insurance claims, while they also…
Insurance businesses in any country across the world play a crucial role in the well-being…
The insurance sector is going through a broad change considering today’s dynamic and complex business…
Long turnaround times of one insurance process not only delay other critical processes but also…
Insurers are under immense to manage their current insurance business operating expense environment effectively. Constant…
Today’s complex and fiercely challenging business environment has imposed a need on the insurance sector…
When it comes to insurance agency management, streamlining it can be a nerve-wracking process. Hence,…
The insurance industry is navigating a wave of transformation, driven by technology, shifting customer expectations,…
There has been a rapid increase in the adoption of Business Process Management Solutions due…
Insurance is not an easy business to run as there are several processes and departments…
Insurance is not an easy business to run, and when it comes to claims management,…
In the aftereffects of the recent worldwide pandemic, remote working and outsourcing will be more…
The insurance industry is analogous to any other industry where firms leave no stone unturned.…
Coronavirus pandemic has caused a lot of disruptions in the business finances and processes across…
Insurers throughout the world handle a plethora of insurance policies on a regular basis. From…
COVID-19 has brought along a massive stone of challenges when it comes to insurance business…
Since the COVID-19 pandemic, the world has grappled with numerous challenges, with many of them…
According to one survey conducted by Veem, 27% of businesses expect to experience average to…
Observations are indicating that the virus – COVID-19 has been spreading westwards, as starting from…
This is 2020-A year which is recognized as the year of digitalization and modernization. At…
Insurers need to seek solutions that can bring operational strength in order to prepare for…
Outsourcing is no less than a strategy to adopt an innovative business model that suits…
With the continuous growth in the insurance industry trends, it is getting essential for insurers…
Digitalization has taken all the industries by storm and is the latest trend because of…
Many insurance companies have established successful businesses. But do you know how? Because insurers assess…
What is a business? Every business can be defined as a company that is looking…
Earlier, insurance companies were depended more on brokers, in-house teams for sales and after-sales operations.…
The insurance industry is undergoing a digital transformation for the mutual benefits of the insurer…
Insurance agents must implement the use of the latest digital technologies to gain new business…
Vertafore AMS360 is one of the most advanced and cost-efficient software for insurance agencies of…
Have you decided to start your own insurance business? You need a lot of planning…
In today’s digital landscape, achieving success within one’s market has become imperative for businesses. The…
The rising competition in the insurance sector is leading the focus on cost optimization and…
Evolving technology is revolutionizing the insurance claims processing completely. Want to know how? Here’s an…
Robotic Process Automation in insurance is one of the most impactful technologies that have revolutionized…
It’s impossible to discuss the global state of insurance industry trends or its upcoming growth.…
In the ever-evolving landscape of the insurance industry, staying informed about the commonly used terms…
The majority of insurance businesses utilize some type of bookkeeping software nowadays. Regardless of whether…
Undoubtedly, 2017 has been quite an exciting year for the outsourcing sector. At the beginning…
Policy management is one of the crucial aspects of the insurance business. There are various…
We all know how recession hits the businesses, and if you are looking for a…
It is easy to give theoretical assistance, but only entrepreneurs can understand what actually a…
Insurance outsourcing guidelines has become common in the United States. This initially took roots in…
Outsourcing insurance policy management has become a common trend in the insurance market. When it…
Ensuring staff focus is an ongoing priority and a common challenge for insurance business owners.…
The term revolution is most probably used by various tech writers these days, but still,…
There is a very famous saying “No Risk, No Income” and every business which evolves…
The word “Loss Run” or “Loss Run Report” is a very common term used in…
Managing commissions has always been challenging for the insurance carriers as the commission distribution structure…
An insurance agency becomes insolvent any time it is struggling to pay off its debts…
Outsourcing insurance – Reduces the encumbrance over the company’s important resources and amplifies customer satisfaction.…
As technology progresses, insurance policy management has become quite easier. The global insurance business trend…
Essentially the most critical fundamental business decision for an insurance firm is whether or…
Policy administration system comprises of various important tasks like policy renewal services, filings with the…
Insurance businesses have attained prominence in recent times. Almost everyone requires insurance policies, so insurance…
Being an insurance agency owner, I’m certain you’ve put enormous time and effort into formulating…
This quick accounting guide to performing successful accounting for insurance companies. A premium solution for…
Like any other business enterprise, insurance agencies are also looking for new ways to optimize…
In the modern business scenario, insurance companies have to face a variety of challenges like…
The insurance companies have to deal with an exceedingly competitive environment in the present scenario.…
The insurance industry throughout the world is on the verge of rapid expansion. Insurance wholesalers…
Productivity and efficiency are key goals of any business enterprise, especially in the highly competitive…
Outsourcing commission management services have become a trend in the insurance industry. Certainly, the advantages…
As the business competition is raising highly, every entrepreneur wishes to excel in his/her region…
In the ever-evolving landscape of business operations, outsourcing insurance policy management stands as a unique…
Insurance outsourcing services are controlled by several factors; certain things having an immediate impact while…
The insurance sector, a cornerstone of financial services, has undergone a significant transformation in recent…
Outsourcing commission management services has become new phenomenon in the insurance landscape. How? It is…
How does outsourcing help the insurance company maintain productivity levels and retain its competitive edge?…
Policy management constitutes a crucial element in the administrative functions of any business, projecting actions…
Insurance business relies on two core aspects. One is devising schemes to bring in more…
There are times in life when decisions do not just seem to be correct. However,…
Why would any insurance company want to outsource claims administration? The answer is not difficult…
Globally, insurance companies are facing severe/ serious challenges in coping with the current business scenario…
Why insurance policy management holds so much importance and how does it help to facilitate…
Insurance Policy administration issues experienced by companies are not basically new. Tremendous documentation, massive bottlenecks,…
An impressive 92% of respondents in a study believed that outsourcing insurance claims processing is…
The insurance sector suffers a lot during recession. It was struggling to cope with the…
There isn’t a single industry, which has not been touched by the widening customer base of the outsourcing…