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11
Oct

Cyber Security in Insurance Organizations – II

Apart from establishing a cybersecurity program as discussed earlier educating the employees about cyber safe behavior is also a good step in curbing phishing and cyber crimes in the insurance sector. WannaCry, the ransomware was actually globally spread via a phishing email. Similarly, there are many such ways in which hackers and cyber criminals get into the loop holes of
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11
Oct

Cyber Security in Insurance Organizations – I

There are many things that we need to educate ourselves about especially with advanced technology, which is not only resourceful for development but also for crime. One of the recent, publicized ransomware threats that created a buzz have reinforced the need to learn and adopt practices in cybersecurity vigilance. The only way that insurance organizations can stay safe from malicious
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9
Oct

Tips to face challenges while selecting BPO provider in the Insurance Industry – I

Clients and customers often complain that the toughest part of starting to use an insurance outsourcing service is to begin using it. This is very true of the business houses that have not yet adopted outsourcing or business process management. There are many significant reasons as to why many insurance organizations specifically look forward to make the most of these
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5
Oct

Four Easy Steps to Manage Changes successfully in the Insurance Industry

Most managers in the insurance industry often complain about their teams being too resistant to changes in the organization. Often this attitude is because the members of the team are clueless of the impact of the change on their personal and professional life. Changes can be too difficult at times to adapt. The below mentioned steps can help an organization
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5
Oct

Project Management in the Insurance Industry

Project management has become a part and parcel of many industry verticals who have readily accepted it as a powerful measure to control and improve the project outcomes. The reason is quite simple, the methods and strategies involved in project management help to diminish the risks involved, cutting enormous costs and enhance the chances of the project’s success. Project Management
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27
Sep

Top Three Tips For Successful Data Analytics Operations In Insurance Industry

Most insurance organizations assess that; the presence of data can help generate deep insights that can help transform insurance operations. Gaining this insight is not an easy process. Data and analytics is a complex element. Data decision making is a serious step, for this understanding the business problems is crucial to carve out the right solution. These problems may be
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26
Sep

Four Solid Reasons for Adopting Insurance Internship Programs

Most students look for ways to enhance their resumes and get an exclusive experience with a summer internship. Insurance agencies can bank upon this opportunity for sourcing novel talent as well as brandishing the company with an internship program. However Most insurance firms are not too keen as to why the need for interns. Well! Interns could be a fantastic
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25
Sep

Best Insurance Industry Practices for Connecting With the Millennial Buyers – II

Earlier on, we had discussed how millennials are the new face of the future. Learning about their behavioral patterns can give a look into their unique values and expectations of service standards. One of the most prominent characteristic of millenials apart from those discussed before is their tendency to stay digitally connected and technologically updated. They move by the minutes
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22
Sep

Finding excellent solutions for insurance operation issues – I

Sometimes it so happens that our solution just turns into another problem, especially when one is finding a good solution and becomes fond of it. This could be a cue to improvising the operations process in a more defined and strategic manner. Solutions in any case can be termed as solutions only if the issue has been diagnosed and the
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22
Sep

Top Five Tips To Foster Insurance Outsourcing Productivity

Enhancing workplace productivity is an infinite challenge. Even with greater success levels, it is always a need to stay on top of the ladder with maximum improvements. As such, to stay ahead in the race, it is beneficial to pay heed to words of the wise men and leaders of the insurance industry. This will not only help increase the
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