Insurance
The Insurance industry, which includes Property and Casualty (P&C) and life insurance companies, reinsurance companies, agents and brokers has recently experienced some sweeping changes in a short period of time. While many of the products in the industry have emanated as a result of events, catastrophes, and evolving business and personal financial needs, this industry can no longer tolerate operating in hindsight. It must be prepared to reinvent itself and to respond to international financial volatility, risk, regulation, and emerging free-market economies. It also must be prepared to weather the onslaught of litigation and regulation, such as HIPAA, the Patriot Act, and Graham-Leach-Bliley, that has resulted from such industry debacles as misconduct over broker compensation, improper reinsurance accounting practices, and insolvency.
Increased competition and rising costs have made time - minutes and hours - the
most valuable asset for insurance agencies. This is easy to understand because the amount
of time spent servicing a firm's existing client base cuts directly into the time spent
winning new accounts. The successful management of resources is what separates the growing
agencies from the rest of the pack.
The most common needs:
- Large amount of document types to deal with: claim forms, reimbursement forms and other insurance documents
- Quick response on policyholders needs
- Tight competition in the insurance market
Dataintro Software solutions help to reduce manual processes that slow down your organization and drain staff productivity to significantly increase your bottom line
Our solutions will help you to:
- Reduce Costs while improving the time-to-market of captured data
- Accelerate business processes
- Proactively respond on customer needs
- Increase quoting flexibility
- Gain advantage over competition
- Facilitate Regulatory Compliance
- Promote Security
- Improve Risk Management
- Reduce Declining Customer Loyalty
Automation of data capture solutions enable insurance and reinsurance companies, agents, and brokers to foster a business-driven, customer-centric, knowledge-sharing culture that facilitates information flow throughout the insurance value chain in a compliant manner.
Our paper data capture solutions for insurance companies have been prepared to reflect the need to reduce risk, avoid regulatory action, and increase revenue. They also enable insurance entities to respond quickly and develop solutions that address new risks, changing demographics, new opportunities, and global competition.
