Leverage Underwriting and Claims Processing using Inniti’s Analytical Insights

  Big Data and Analytics are empowering the business world every passing day. With access to unprecedented levels of structured and unstructured data flowing in and out through the insurance company’s systems, gazing future performances, consumer behaviour and fraudulent activities has become practically easy as well as a tough task. As a people-driven and information […]

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Five assessment methods that will help Insurance Companies identify Business Opportunities

  All successful insurance companies have long constructed their organizations on their capacity to evaluate risk, oversee income and repay clients for their losses. However, now this has to change. They have to expand their business lines, and they must conduct this transformation as quickly as possible. The reason? It’s the automated and digital disruptions. […]

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Partnering P&C Service Providers empowers Insurers to create new market opportunities while reducing operating costs

Today’s unforgiving financial atmosphere has pushed Property and Casualty insurance providers with a huge number of difficulties, from the low-rate of interest to greater cost transparency, customer and policy management and altering regulatory changes. Subsequently, the productivity of property and casualty (P&C) insurance players are barely above the cost of value, and expenses are rising […]

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The Victory of President Donald Trump has Created Some Uncertainty in the Market. How will the Insurers Tackle this Change?

One of the most significant events in the American political history happened to be on the 8th of November, when real estate baron-cum-reality TV star Donald Trump was elected as the 45th President of the United States. However, the victory has created some uncertainties in the market, especially in the insurance marketplace. The one looming […]

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Comprehending the Claims Underwriting Procedure for Auto Insurers

Auto insurance claims underwriting is the process of classification, rating, and selection of risks. For those who think it’s complicated, in simpler terms, it is a risk selection process. Underwriting plays an important role in deciding the future of a claim, and it is here that an insurer evaluates risks. Understanding the Basics The underwriting […]

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Sustainable Economic Growth shall Leverage Emerging Auto Insurance Markets in 2017

The US economy which was spiraling downwards from the past couple of years is now on its way back upwards. Experts predict the U.S. economy will continue to expand. This is in fact a very nice statement to adapt especially insurance providers as job growth means higher payroll, sales, more autos insured by businesses, construction, […]

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Understanding Facts of your Auto Insurance the Claims Procedure

The initial couple of hours-and days following a vehicle collision are loaded down with stress and confusion for most of the insurance agents as well as the insured. Many insurance organizations soon after a auto claim has been filed, look for prospective options in the form of an Third party Administrator or partnering insurance firms […]

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Partnering with Auto Insurance Service Providers for an Optimized Claims Management Services

The present market circumstance and administrative condition are creating critical difficulties for the insurance industry. Largely stagnating markets and the downturn in capital generation is leading insurers to heightening cost pressures and persistently expanding demands for business transparency. Evaluating the Consumer Behavior Customer behavior has changed considerably and answers need to be found to the […]

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Utilizing Auto Insurance Analytical tools to combat Fraudulent Claims

The rate at which insurance frauds are happening today is startling as it accounts for at least 10-12 percent of all insurance premiums, a proportion that has remained moderately steady for the past two decades. However, in reality the entire scale or real numbers is still unknown. Regardless of the possibility that there are authoritative […]

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Outsourcing Auto Claims Management Services for Faster Claims Settlement Ratio

Competitive success in the insurance industry is something that is achieved when many things combine to focus on one particular undertaking. Outsourcing your companies auto claims management prerequisites is one such alliance that can benefit the overall process, stream the entire workflow, plus accelerating the claims settlement process. An outsourced claims management process can transform […]

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