Insurance companies receive hundreds of new applications from their brokers and agents alongside renewal requests from clients every day, which can be very labour-intensive...
Insurance companies request loss run reports for new insurance applications or during the renewal of their existing policy. These reports are required to get...
The issuing and processing of certificates of insurance can be very time-consuming and labour-intensive in nature. Every year, millions of certificates of insurance are...
For long, outsourcing has been the trend in the insurance industry primarily to help insurance carriers and agencies save on costs. With outsourcing, insurance...
The US insurance market is experiencing transformation at a rate faster than one expects. Over the years, the transformation has been induced by fast...
In the insurance industry, loss run reports refer to the claims history of each of your insurance policies. The number of claims you have...
A certificate of insurance (COI) is a document that can be presented by an insured as evidence to a third-party of being insured. It...
Insurance companies receive thousands of fresh policy applications from their agents and just as many renewal requests on a regular basis. Often, insurers need...
Insurance claims processing is a secondary process, which involves accurately documenting, verifying, and validating the insurance claims to avoid potential errors. Filing of insurance...
Insurance fraud is the second greatest financial crime undertaken in the US; with the first being tax fraud. Every year, over $80 billion worth...