Policy management

Why Policy Checking is the Future of Insurance Policy Management

Why Policy Checking is the Future of Insurance Policy Management

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Why Policy Checking is the Future of Insurance Policy Management In today’s fast-paced business environment, insurance companies face mounting pressure to process policies quickly and efficiently while having to maintain regulatory compliance. The use of manual policy checking processes has fallen far behind. Failure to implement insurance policy checking software can lead to consequences that […]

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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 The enterprise soon identified the root cause of this underlying problem- an outdated policy administration process.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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Exdion Policy Check : A Smart Remedy for traditional Policy Checking Process

Insurance /

Traditional Policy Checking methods in vogue today are manual, time-consuming and prone to errors. Outsourcing the process to an offshore company for cost arbitrage has not eliminated the challenges on this front. CSRs manually compare and review policies, proposals, schedules and quotes. On an average a CSR requires around 30 minutes to check a small

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