Insurance Outsourcing Services

16
Apr

Insurance Process Outsourcing as an Industry- Overview

Over the last ten years, insurance process outsourcing has evolved as a potential support to meet the market needs with its distinctive offerings. In most countries especially the fast developing nations, the outsourcing providers have applied different approaches to determine and serve the needs of the clients. These days the providers can be grouped or classified into three prime categories
Read more
13
Apr

Ways to Ensure Profitable Agency Development

Every insurance agency needs to have some financial measurement concepts for its utility and enhancing the agency’s profitability and growth i.e. the contribution to the agency per employee as well as the premium-to-profit-ratio. In general insurance agencies view revenue per employee to measure their productivity, however experts advice that this is not much of a help as it does not
Read more
12
Apr

Process Management in Insurance Organization

Process management enables an organization to reserve its assets for better utilization. Greater resources and intellectual capital paves the way for greater opportunities for an organization. It also helps the organization from expending excess energy on the work process. Overall, it enables the organization to keep its wheels spinning without suffering considerable amount of losses in the output. The presence
Read more
10
Apr

All the Right Reasons for Conducting Summer Internships at Your Agency

Soon it will be summer again and many students will be looking for ways and means to strengthen their resumes and avail the best work experiences with a summer internship. Hiring an intern or considering starting an internship program can be a useful step in the long run. In the short run however, interns could be a good way to
Read more
9
Apr

Ways to Enhance Employee Contribution

Employees are an integral component of an organization and are one of the major drivers of change. The employees of an organization are responsible for both the rise and decline of an organization. They are the major drivers of change in the way an organization operates. The caliber and efficiency of the employee determines his or her output and their
Read more
6
Apr

Customizing Your Insurance Project Management

Project management is one such virtue that has been readily accepted and applauded by enterprises across all verticals. It has become one of the most potent tools of business houses and its claim to fame has been its power to control and enhance the project outcome. The reason behind it success can be attributed to the well devised and strategic
Read more
5
Apr

Origin and Evolution of Insurance Industry Outsourcing

The development and progress of the insurance outsourcing industry requires a deeper understanding and knowledge of the origin and evolution of the insurance industry. As such, it is essential to know the early economic principles that laid the foundation for the modern automated insurance process outsourcing services. One can trace the origin of outsourcing to hundreds of years in one
Read more
2
Apr

Multi-Dimensional Insurance Outsourcing Solutions

Insurance industry outsourcing has been in existence for quite some time now and has evolved in terms of technological and process evolutions. Over the years, it has developed into a recognizable form of relevant business solutions for most independent brokers, carriers and insurance firms. Although at the budding stage outsourcing was strictly leveraged almost as an exclusive service by the
Read more
29
Mar

Segmentation and Its Significance in the Insurance Organization

Segmentation is very crucial for insurance organizations. The main aim here is to balance the service one offers with profitability. By observing and analyzing the present service models and the current customers of the organization as well as revenue by account, one can easily help identify the most and the least profitable customers. After this the process of segmenting the
Read more
28
Mar

Inaccuracy Impact on Insurance Services

We realize the impact good quality has on a businesses and brands. It can give the liberty to command premium-pricing structures for the product and is a powerful driver for the consumer loyalty and development. In the insurance business precisely, quality is expected as a necessity. Because of this reason, there is a cost to not meeting quality standards. However
Read more
Back to top