A certificate of insurance (COI) is a document that can be presented by an insured as evidence to a third-party…
Insurance companies receive thousands of fresh policy applications from their agents and just as many renewal requests on a regular…
Insurance claims processing is a secondary process, which involves accurately documenting, verifying, and validating the insurance claims to avoid potential…
Insurance fraud is the second greatest financial crime undertaken in the US; with the first being tax fraud. Every year,…
Insurance companies have to deal with an unprecedented amount of data on a daily basis. They are required to analyze…
Outsourcing has been quite an effective solution for multiple industries across the board for a while now. It is largely…
It should come as no surprise that insurance companies have identified their reliance on legacy systems as their greatest barrier…
What is Insurance Process Outsourcing? Insurance business process outsourcing (BPO) is the act of outsourcing various insurance processes to third-party…
The availability of real-time analytics has been a game changer for the insurance industry. Would you believe that a 2018…
The industrial age marked an exponential increase in production and quality because of the economies of scale that resulted from…