insurance back office services

How Insurance BPO will Help the Insurance Industry Sustain Operational Efficiency in 2022

  According to the findings of Marketwatch, the global insurance business process outsourcing market size will reach a value USD8395.6…

3 years ago

The Top Challenges in Insurance Loss Run Reporting and How to Deal With Them

Imagine collating insurance loss run reporting records of policyholders against their claims, much like creating a comprehensive claim history report.…

3 years ago

Act Now: Prevent Major Losses by Solving Insurance Customer Service Pitfalls

Retaining existing customers is much easier and more economical than acquiring new ones. Hence, an insurer's success hinges on its…

3 years ago

How Insurance BPO will Play a Big Role in Bringing Insurers Out of the Shadows of the Pandemic

According to the recent Reportlinker’s market research report, the insurance industry is expected to outsource complex business operations to insurance…

3 years ago

How Insurance BPOs are Assisting Carriers Meet Challenges Associated with Procuring Loss Run Reports

Loss run reports offer detailed claims history of a customer. These details are critical for underwriters to determine a customer’s…

3 years ago

Why Are Insurance Carrier Loss Runs Important in Underwriting Legal Malpractice Insurance?

Any insurance policy requires a fair amount of data, reports, and other requirements to meet the compliance norms. The legal…

4 years ago

How an Intelligent Outsourcing Partner Can Help Reduce Loss Run Reporting Costs for Better Profits

Most insurance brokers and agents find the standard process of obtaining loss runs to be downright painful. The single biggest…

4 years ago

An Insurer’s Guide to Spotting a Risky Insurance Customer

For insurance companies, a risk is the possibility of a financial loss or an adverse event that can interfere with…

4 years ago

The Covid-19 Silver Lining – Lessons in Reinforcing Insurance Operations

For the insurance industry, physical supply chains are less significant than what they are for most other industries. But the…

4 years ago

What are the Key Questions that need to be Asked When Assessing Insurance Loss Run Reports?

An insurance loss run report is a comprehensive document of claim activities of the insured on each of his/her insurance…

4 years ago