Using multiple systems and old processes troubles in Insurance! Enabling processes with data driven insights in unified manner helps improving efficiency, reducing cost and scaling.As someone said, plumbing and painting to old building does not sustain for long. Similar applies to businesses, systems and processes, instead of adding new layer to old systems which will increase […]
Rapid changes especially accelerated by COVID-19 pandemic are reshaping the insurance industry, and adaptive, open minded & forward-looking insurers aren’t just watching it happen; They are taking action, adopting and embracing technologies and keen to make investments that will help them become better at being customer-centric, improve processes in entire value chain and build operational […]
Use Case & Objective This is case study for the insurance claims denial improvement in Health Insurance Sector for RCM (Revenue Cycle Management) company in USA. In claims processing in healthcare insurance, the denial rate for claims are high and also low efficiency. This ends in losing $$ millions on monthly basis and also increases […]
Insurance is one of the most lagging behind industry in terms of Innovation but for last 3 years, Insurance sector is seeing the growth. In recent times, the awareness for insurance among the millennial population is steadily growing.
As we all are going through tough times and WFH and remote working is becoming new normal. In recent times, it is difficult to align everything on remote, especially when most of the workforce is offline.
During COVID-19, Working from home is critical and effective to enable teams to continue focus to build solutions, support services and more while being with family.
As we all going through the epidemic scenario of COVID-19 and it impacting in all ways. Insurance companies are impacted in terms of their Distribution, Sales, Operations & Customer Servicing.
Insurance industry is in the midst of transformational changes that not only includes digital focus but also involves multiple categories of insurance which did not exist 5 years back.