The insurance claims process in today’s modern business era is becoming complex. With a lot of data continuously becoming crucial, carriers need to settle claims appropriately while determining potential frauds without taking much time. Apart from technological challenges, insurance carriers and agencies must deal with customers better during stressful times. Now is the perfect time...
With the ever-changing regulations, growing customer demand, changes in customer behavior, and market dynamics, the insurance business is becoming complicated, especially in today’s dynamic business environment. The hyper-competitiveness in the insurance industry regularly gives rise to several challenges that make insurance companies go through difficulties managing the overall business and processes. One of the common...
Over the past few months, workers have rearranged to work remotely, but it is not a new concept at all. According to Global Workplace Analytics, there was a 159% increase in remote work insurance in the USA between 2005 and 2017. Before the COVID-19 outbreak, more than two-thirds of US companies allowed employees to work...
Amidst the COVID-19 outbreak, every insurance firm is looking for different and innovative methods to maintain work productivity and profitability and one of the biggest solutions in this regard is that of remote working. This is a viable option for sure as an insurance firm is able to get its work done easily through employees...
