The insurance industry is highly competitive. Insurers face multiple challenges consistently and dealing with them not only requires effort and time but innovation too. There is no denying that meeting these challenges efficiently will help insurers in moving smoothly on their path to success. However, if insurers need to stay one step ahead of their...
The insurance sector faces numerous challenges when it comes to client satisfaction. Why? The insurance agency has a number of claims to process, policies to sell, and put in maximum efforts to acquire new clients. But are you aware of the statistics that insurers spend five times more on acquiring new clients as compared to...
In the contemporary business scenario, there is cut-throat competition among numerous commercial enterprises. Every business enterprise is looking for new ingenious ideas to optimize its business potential. The insurance sector is not an exception in this regard. The entrepreneurs and managers in the insurance industry are channelizing their energies towards achieving these goals. Insurers are...
The demand for insurance back office outsourcing has increased more than ever. There have been considerable changes in the industry that were using paper-based entirely. Such changes have occurred mainly over the last few decades and brought about major transformations. Outsourcing back-office operations to organizations like Insurance Support World bridges the gap between processes and...
