Pradeep

An insurance management software that improves your policy life cycle

Immediate Need for Modernization of Legacy Insurance Process

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Immediate Need for Modernization of Legacy Insurance Process Did you know that Zurich Insurance Group (ZIG) became one of the early adopters of digital transformation?  Encumbered by the challenges of enhancing customer experience (CX) and meeting client expectations, ZIG became the first company to automate its customer service with AI. It created the virtual assistant […]

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Managing insurance policy lifecycle

Automating Policy Administration for Policy Life-cycle Management

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Automating Policy Administration for Policy Life-cycle Management QBE, a leading Australian insurance management company, faced challenges in improving its underwriting process and enhancing efficiency across its team. The enterprise soon identified the root cause of this underlying problem- an outdated policy administration process. To resolve this issue, QBE took the path of digital transformation. It

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Leverage Exdion’s AI-Powered Data Extraction Engine To Improve Sales

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Leverage Exdion’s AI-Powered Data Extraction Engine To Improve Sales Did you know that there is 2.5 quintillion bytes of data created every day? Data is ubiquitous. We’re generating it each time we search on the internet, when we make a purchase, or we log into our social media accounts. The amount of data being created today

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Scale Your Insurance Business with Policy Renewal Automation

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Scale Your Insurance Business with Policy Renewal Automation Automation is the future of efficiency. From autopiloted cars to smart homes, automation has undeniably become part of our lives. Relieving us from manual tasks, helps us focus on interesting and engaging tasks while eliminating tedium. When it comes to the insurance industry, an automation strategy can

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Insurance Automation: The way forward

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Insurance Automation: The way forward The heads of operations, innovation, technology and the C-Suite within insurance are aware of the automation. Document processing solutions and intelligent automation offer an integrated way to extract data for insight and analysis while automating the repetitive document processing. Artificial intelligence (AI) can be used by insurance companies throughout workflows.

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How James G Parker Insurance Association saved up to 75% on time taken to check policy documents using ExdionEDGE

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How did ExdionEDGE Insurance Policy Check Helped James G Parker Save 75% As we stated in our previous blog, the insurance industry has been a paper-intensive industry with repetitive, manual processes. There is always the looming risk of Errors and Omissions (E&O). This is why insurance leaders are looking for ways to streamline their most

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Policy Checking Automation: A Boon for insurance agencies and brokers

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Policy Checking Automation: A Boon for insurance agencies and brokers There are varying sets of clauses in the insurance policies for different sectors  for Eg automobile or workers’ compensation. These policies need to be packaged in different forms of documentation.  Insurers need to pay maximum attention to every detail in the policy packaging – this

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The Insurance Data Lifecycle – All about Data Extraction

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The Insurance Data Lifecycle – All about Data Extraction Insurance is a data-driven industry that relies heavily on paper documents. Critical information that insurance agencies and agents need for underwriting, policy administration or claims management often gets locked away in forms, emails, and other unstructured documents.  Several critical functions in the insurance process continue to

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How The Connected Insurance Ecosystem Is Bringing New Life To The Industry

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How The Connected Insurance Ecosystem Is Bringing New Life To The Industry Many industries have embraced digital transformation and the insurance industry has also started following suit. Focusing on offering additional services aided by technology to help retain and attract new customers has become imperative for the insurance industry. Technology has the potential to make

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