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8
Aug

Role of Operational Excellence in Insurance Management

In the earlier days, the need of insurance organizations was to fill a gap in staffing and solve the backlogs or to take on the tasks that no one else wanted to fulfill. These services were provided by insurance process outsourcing service providers at a substantial savings to the company acquiring this internal solution and this was one of the
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6
Aug

Impact of technological trends on Insurance industry

The origin and evolution of the insurance industry outsourcing services have come a long way from the past, especially the technological trends involved. Just like in any other industry technology continues to boost and improvise the way we perform at work. Industry experts have pointed how new technological trends are affecting and influencing the insurance industry and its outsourcing wings.
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2
Aug

Critical Success Factors for Your Insurance Organization

Some of the successful critical factors include investing in acquisitions in several places in order to enhance footprint. Ensuring successful conversion to new agency management systems, which will help provide clean data. In addition, optimized and streamlined processes that will help deliver the best customer experience while ensuring higher efficiency and reduced expenditure. These critical factors could be converted into
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11
Jun

Identifying the Critical Success Factors for Your Insurance Organization

There are many areas that one can identify as critical to the execution of a strategy over a span of three to five years some of these include the following: At the bare minimum, one might need to be able to answer the following questions: Firstly what kind of domain expertise does one require and needs to develop? What are
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4
Jun

Achieving High Quality Work with Quality Training Guidelines

The training and development of the organization’s staff involves effective execution and delivery processes that are bound to ensure that the new employees have the necessary skills to perform. In case of a well delivered training session there are clear-cut goals and possible expectations. Added to this are monitoring and timely feedback processes. This combination of the right processes at
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1
Jun

Driving force behind a successful insurance organization

A significant step in establishing a successful organization is the driving force behind it. So how does the insurance organization align itself and propel ahead with a more efficient and mission driven management, the key behind this are the clear goals and objectives and reminding the staff and the workforce why working as a team is so important for the
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29
May

Impact of optimal training in Insurance Processing

The way an insurance organization performs depends on the quality of services it offers to its clients and quality of output it generates from its administrative processes. There are times when the turn-around times is super slow , there is plenty of room for errors and a surge in requests for more detailed information apart from other inefficiencies. As such,
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23
May

How Best Insurance Practices Lead To Productivity And Profitability.

Experts are always inquisitive to know what makes agencies perform and operate in optimal fashion. It has become a very intriguing factor for most to know the formula behind successful insurance business. As such, a close watch and analysis of the periodic results from recent best practices survey reveals that out of 217 top insurance agencies in the United States,
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18
May

Employee Motivation for Technology Adoption in the Insurance Industry

In order to drive the adoption of latest technology among employees, it is understand to motivate the users and the reasons behind diminishing buy-in. According to a recent study, more than 52% of the insurers plan to enhance their technology budgets, making the adoption rates higher in order to successfully implement the technology change. The upgrade lists include mobile technology,
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11
May

Adhering To Project Management in Insurance Industry

Project management is a very crucial element for any kind of industry it ensures that all the members of the team or internal staff is clear on the roles and responsibilities of every individual within the company. Every employee understands who is responsible for what and when. It also helps to offer the right resources to meet the deadlines and
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