3 Strategies for Reducing Administrative Expenses in the Insurance Industry

Because of strict industry regulations, insurance companies often struggle to find ways to reduce expenses. The good news is that today’s digital capabilities are having a positive and measurable effect on both front- and back-office processes to help drive savings. In fact, a recent Infosys  study suggests that by adopting digital initiatives, life, health, and property and casualty ins...

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Is Outsourcing Back-Office Functions Making the Insurance Industry More Future Ready?

According to Ernst & Young’s Global Insurance Trends Analysis 2018, the insurance industry not only showed steady growth in 2018, but also is estimated to increase by another three to four percent by the end of 2019. Insurers looking to capitalize on this financial trend and update systems are adopting strategies to ensure business operations are as streamlined and efficient as possible....

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