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Challenges 300x200 - Challenges Faced By Consumers When Selecting Insurance BPO Service Providers

Challenges Faced By Consumers When Selecting Insurance BPO Service Providers

One of the most common complaints amongst customers is their initial start up point with an insurance outsourcing service provider. Beginning to get accustomed to an insurance outsourcing service is a hard task for many novice players, especially those who have never come across this variant before, also termed as ...
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analytics 300x200 - Influence of Analytics on Insurance Industry

Influence of Analytics on Insurance Industry

According to a new study report there has been an increased focus of analytics in nearly all the spheres of the insurance industry, however the property-casualty insurers are facing a serious challenge in attaining their analytical goals. Information technology leaders especially the P&C insurers suffer with obsolete data infrastructure that ...
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Innovation Programs 300x200 - Tips to Start Own Innovation Programs in the Insurance Industry Sector

Tips to Start Own Innovation Programs in the Insurance Industry Sector

Mentioned below are some of the valuable measures one must adopt to help initiate their own innovation programs: Branding Program- Brand the program, creating a unique name, that presents its goals and objectives, ensure that the brand connects with the staff. Establishing Ideas- Establishing an idea or submission processes so ...
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Applicant Tracking System 300x200 - Steps for selecting an Applicant Tracking System

Steps for selecting an Applicant Tracking System

Here are a few steps that can help assist in selecting an applicant tracking system to fit the recruiting needs of an organization: Identifying the requirement and use of ATS- Before selecting a vendor one needs to figure out what problems can be solved best by an ATS and who ...
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Insurance Organizations 300x200 - Crowdsource Innovation And Insurance Organizations

Crowdsource Innovation And Insurance Organizations

One most of the most strategic question that haunts insurance organizations is whether they are getting the most out of the creativity and the ingenuity of their employees. Some organizations do not realize how much profound knowledge and industry insight their employees can bring to a product, process or a ...
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Insurance Comapny 300x200 - How much change-ready is your insurance company?

How much change-ready is your insurance company?

One of the most essential elements of a successful insurance company is the ability to develop and sustain a change –capable organization. The adoption and practice of change readiness is a prime requisite to structuring a robust foundation that is capable of responding instantly to the market fluctuations, industry shifts ...
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motivation 300x200 - Employee Motivation and Talent Retention in Insurance Industry.

Employee Motivation and Talent Retention in Insurance Industry.

One of the best ways for managers to keep their employees focused and on their career paths is to keep their interests vested in the company and its strategies’ and helping it develop. It should be remembered that the career track at the company should be something that they should ...
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goals 300x200 - Setting Up Goals to Enhance Productivity in the Insurance Industry.

Setting Up Goals to Enhance Productivity in the Insurance Industry.

For any manager it is a constant priority as well as a challenge to keep their employees focused. One of the most efficient ways that managers keep their employees motivated is by making use of the effective goal setting techniques’. This implies that when the employees are directed towards something ...
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Management 300x200 - Change Management and Reinforcement in the Insurance Industry

Change Management and Reinforcement in the Insurance Industry

Making a change in an organization is a difficult task and maintaining it is even harder. This makes it imperative to have reinforcements. However, the focus on the reinforcement should be robust so that the desired results are achieved. There are several ways to achieve this such as: Occasional Revelry ...
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