Most companies consider policy checking a low-risk activity as a training ground for junior associates. Moreover, policy checks should be prioritized, and backlogs are...
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insurance back office services
You’ve probably heard a lot about the insurance industry recently. Every day, there’s a new article about how the industry is changing, and it...
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Loss-run reports summarize all claims incurred by a business within a specified period. They help identify patterns and trends and monitor claims-handling practices to...
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Business process outsourcing (BPO) has become an essential tool for insurance companies looking to remain competitive in an ever-changing market. Outsourcing critical functions to...
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An insurance company can perform all tasks and functions in-house. But outsourcing a few will help them carry out in-house tasks perfectly and efficiently....
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Businesses need defying strategies to stand out in the market. That’s why getting creative with selling can add to the company’s profit. One way...
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Accounts receivable services is a major problem area for insurance carriers. Factors such as increasing days sales outstanding (DSO), legacy soft tools, and overall...
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Insurance BPO services help carriers in transforming their business operations in multiple ways. One such way is providing better service to policy holders. Addressing...
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According to the findings of Marketwatch, the global insurance business process outsourcing market size will reach a value USD8395.6 million by 2028 and...
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