Innovate your Insurance Claims Management processes to stay Competitive in new Marketplace

  Innovation is a mark of change. And to stay afloat in today’s competitive marketplace an insurance company needs to effectively channelize new techniques that leads to business growth. One such area which needs to be tapped in by the small to medium sized insurers is Analytics, as effective analytics play multiple roles in improving […]

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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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Operationalizing Auto Claims Management through FNOL Service

The first communication between insurance company and the insured whose vehicle has been damaged is conducted via First Notice of Loss (FNOL). At the point when a customer files for insurance claim, the FNOL is frequently the provider’s point of contact with the policyholder. Getting under way a smooth and productive auto claims management process […]

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Essential Reasons for Adapting Claims Analytics in Healthcare Insurance Industry

The introduction of analytics has come full circle from its earlier usage, where stats were the only thing one could see with the available analytical tools. Today, claims analytics has become an important aspect in resolving claims management and processing level issues, presenting insurers with real-time reports, to catch FWA claims, along with faster decision making ability and foresee […]

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