Insurance Policy Management Outsourcing: Demand of the Hour

Insurance policy management is one of the crucial and challenging back office tasks that the insurers have to deal with. In fact, insurance policy administration itself is a combination of a number of tasks that includes quote creation, checking and binding the policies, renewals, preparing the loss run reports, etc. This repetitive back-office operation can put added pressure...

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Why Insurers opt for Insurance Claims Outsourcing?

Claims processing is one of the most tedious back-office operations in any insurance agency. There is a lot of documentation and verifications involved in insurance claims processing. Moreover, repetitive operations are often prone to errors, which are not acceptable especially in the insurance industry as it costs insurers millions.  To encounter the situation,...

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Should You Outsource Insurance Commission Management?

The insurance commission management has always been a challenging task for insurance carriers and agencies. Given the fact that the industry is proliferating it is becoming difficult for the agencies to handle the commission management process efficiently. The reason might simply be your growing customer base and data. But this is what you want as an agency, Right? Today,...

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