Claims management is at the core of insurance company operations. A good claims management strategy has a lineal impact on profitability, fraud detection and...
The Covid 19 pandemic has turned out to be a blessing in disguise for the insurance industry in some ways. This is because it...
Despite concerns about new Covid-19 variants, 2022 is expected to be a busy year for insurers. Major insurers around the world are already buckling...
According to the recent Reportlinker’s market research report, the insurance industry is expected to outsource complex business operations to insurance BPO services outsourcing companies...
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 risk value and decide...
Policy checking comprises examining policy documents to check the complex aspects of a policy, understanding the differences in coverages, and ensuring if it complies...
A Boston-based property insurance company with footprint in 13 cities across the US was facing significant problems with its mailroom operations – a problem...
Any insurance policy requires a fair amount of data, reports, and other requirements to meet the compliance norms. The legal industry and malpractice insurance...
While outsourcing has always been a well-recognized concept in the insurance sector, it was considered an add-on in the pre-Covid days. Regardless of the...
A strategic management of policy services has never been more critical than in the current situation. The Covid 19-induced depreciated economic conditions of consumers...