Insurance companies have seen their organic growth decline, struggled with their ability to obtain new, skilled talent and are fearful as to how they will keep up with new cutting-edge insurtechs and other digital providers entering the market. Luckily, business automation technology can help traditional insurers stay in the game and address these problems.
The “Mastering Bots” training course will allow learners to gain confidence in designing and building Bots using Automation Anywhere Enterprise version 11.X.
As a huge disruptor to the financial industry, traditional banks will need to join the blockchain movement to keep up with emerging digital competitors. Read on to see 4 of the major ways banks today are using blockchain to streamline processes.
From a linear, narrow workflow to a task-centric workflow to advanced workflow software that integrates additional technologies, workflow has been integral since it was first introduced as a way to manage business processes. Read on to see how workflow has evolved over the past couple decades.
Like any implementation, document capture needs a lot of prep work to deliver the desired results. Some of the most important steps in capture happen even before the technology gets involved: it’s preparing your documents in a way that will give your cognitive capture application the best chance to succeed.
Before implementing any new technology that claims to increase efficiency, current underwriting processes need to be straightened out so that they make the most sense for the actual decision-makers—the underwriters. Let’s explore a few of the fundamentals that every insurance provider should keep in mind in order to execute a successful accelerated underwriting solution.