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Cost optimization: Actuarial outsourcing optimizes costs by using offshore resources and the specialized expertise of external partners. It will enable insurers to skillfully adjust their resource configuration while supporting legacy applications during the transformation without incurring internal hiring and training costs.
Technology and Automation Technology empowers CFOs with data-driven insights that were previously inaccessible or time-consuming to obtain. As per a recent CFO survey on accelerating enterprise transformation, 53% of CFOs say they plan to focus on digital transformation using data analytics, AI, automation, and cloud solutions.
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