Business
August 21, 2024
The Powerful, Practical, and Strategic Benefits of Automation in Claims Adjusting
Manage claims quickly, enhance productivity, and enable growth and a competitive advantage. In traditional insurance claims processing, there are challenges primarily caused by manual work and bottlenecks. This results in lengthy processing times, errors, and customer dissatisfaction. Automation has emerged as a solution to address these issues and streamline the claims processing workflow. One of […]
August 14, 2024
Enhancing Scalability and Flexibility for Evolving Business Needs
in: Business
It is paramount to have a Claims Management System (CMS) that grows and adapts alongside your organization. Scalability ensures your system can handle increasing claims volumes without compromising performance, while flexibility allows for customization and integration with emerging technologies. These attributes are technical necessities and strategic advantages, enabling businesses to respond swiftly to market changes, […]
July 24, 2024
Part 3: Surviving a CAT: Integration and Custom Systems in Claims Management
in: Business, Software, Transformation
Delve into the complexities of transitioning from small-scale manual processes to integrated systems within larger firms. Emphasizing the importance of selecting the right platform and partner, the discussion highlights the challenges and benefits of custom-built systems versus third-party solutions.
July 3, 2024
The Powerful, Practical, and Strategic Benefits of Automation in Claims Adjusting
in: Business, Insurance, Software
Manage claims quickly, enhance productivity, and enable growth and a competitive advantage. In traditional insurance claims processing, there are challenges primarily caused by manual work and bottlenecks. This results in lengthy processing times, errors, and customer dissatisfaction. Automation has emerged as a solution to address these issues and streamline the claims processing workflow. One of […]
June 5, 2024
The 4 Stages of Growth of an IA Firm
in: Business
Challenges abound throughout an IA firm’s lifecycle. Strategic planning, adaptation, and technology partnerships can ensure success. The lifecycle of an independent adjusting (IA) firm comprises different stages, each with unique challenges and opportunities. Early on, there’s a high growth potential, but limited resources and a lack of an established track record hold the company back. […]