Insurance Back Office Services

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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20
Sep

Six Distinguishing Traits of a Peak Performer in Your Insurance Team

How often do we evaluate an employee whether he/she is performing their best or have yet reached their full potential? Most employees either give up or are subject to burn out even before they reach their peak, making them dissatisfied and costing the firm its bottom lines. There are a few characteristics that peak performers in insurance operations tend to
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14
Sep

Insurance Process Outsourcing- Ten Years from Now Part I

According to a survey of Industry leaders, a look into the future via analytic calculations has been able to give a distinguishable picture of how the insurance industry may operate ten years ahead of now. It is predictable that the industry may become leaner due to constant mergers and acquisitions built upon digital acumen and client engagements. A competitive edge
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13
Sep

Creating Smart Operations Strategy in Insurance Outsourcing

Businesses that learn to adapt to changing times and technology are the true players of the success game. There constant struggle to keep up with the advancement and implanting it to create tremendous opportunities for greater profitability brinks them to the top rung of the ladder. They are also undoubtedly the ones that implement the best practices in their organizations.
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