31 West

DECEMBER 7, 2022

Cyber insurance is a policy that can help hedge a business from the potential fallouts of a cybersecurity attack. The article will look at cyber insurance – what it is, what it covers, what it does not cover, and why it is essential for technology-oriented businesses today. What is Cyber Insurance? Notifying Customers.

Insurance 130

Insurance Cybersecurity Regulations Software 130

Everest Group

MARCH 17, 2023

Managing General Agents (MGAs) and wholesalers are becoming increasingly relevant in the insurance ecosystem due to the unique advantages they have over brokers/agents. Technology and business process services (BPS) providers can help MGSs reduce costs and increase their digitization and automation intensity. Read on to learn more.

Insurance 130

Insurance Robotics Process Automation Risk Management Risk Management 130

Everest Group

DECEMBER 16, 2022

Everest Group estimates the massive economic value insurance enterprises can generate by tapping their vast data pools to achieve operational efficiency and drive premium growth. By investing in becoming data-centric organizations, insurance companies can unlock a collective economic value of US$874 billion, according to Everest Group.

Insurance 130

Insurance Analytics Research Efficiency 130

Perficient Digital Transformation

NOVEMBER 19, 2024

Japan currently has yet to pass a law or regulation specifically directed to regulating the use of AI at financial services firms. Currently, the Japanese government and regulators are taking an indirect approach of supporting a policy goal of prioritizing innovation while minimizing foreseeable harms.

Regulations 52

Regulations Service Banking Government 52

Everest Group

AUGUST 30, 2024

The panel will discuss current applications of AI in the banking and financial services industry, showcasing how these technologies are not just futuristic concepts but present-day tools driving operational efficiency and customer satisfaction.

Banking 130

Banking Service Government Insurance 130

Perficient Digital Transformation

APRIL 21, 2022

Modern Healthcare Magazine named Brent as a 2022 honoree of their Excellence in Governance program for his achievements in promoting diversity and successfully navigating various challenges. Board members are responsible for the overall governance of the health system. Then, I moved to the Board of Trustees.

Government 116

Government Healthcare Insurance Finance 116

Forrester Digital Transformation

OCTOBER 26, 2022

Environmental sustainability is fast becoming a priority for consumers, businesses, and governments. In response, leading financial services firms across banking, investment and insurance have launched an array […].

Finance 26

Finance Insurance Service Banking 26

Magellan Solutions

APRIL 24, 2023

Stay Ahead of the Compliance Game: How Insurance Companies Can Meet Regulatory Requirements Nowadays, businesses should be up-to-date with the governing laws on data security. Outsourcing insurance compliance services can assist businesses with the changes in regulatory compliance.

Insurance 97

Insurance Reduced Costs Outsourcing Call Center 97

Everest Group

OCTOBER 26, 2022

Top Finance and Accounting Outsourcing Services The global multi-process Finance and Accounting Outsourcing (FAO) market has continued to grow at a steady rate of approximately 10% in 2022. Market Insights™ F&A Operations Transformation – an Illustrative Example for an Insurance Company. Our Thinking. Learn More.

Finance 130

Finance Accounting Outsourcing Service 130

Everest Group

SEPTEMBER 14, 2022

Top IT Security Services in North America Organizations are leveraging IT security services to improve their security postures and prepare for challenges such as ransomware attacks and business disruptions. All these factors combined have surged IT security services demand across North America. Our Thinking. Learn More.

Cybersecurity 130

Cybersecurity Service Insurance Risk Management 130

Everest Group

DECEMBER 7, 2023

Learn how providers help carriers achieve value and governance in move to cloud transition per Everest Group's latest report.

Government 147

Government Marketing Insurance Service 147

Everest Group

FEBRUARY 22, 2024

With the deadline for the European Union’s Digital Operational Resilience Act (DORA) less than a year away, financial entities and service providers need to begin acting to reach compliance. DORA will impact all financial institutions and ICT third-party service providers.

Regulations 147

Regulations Service Cybersecurity Risk Management 147

Everest Group

JULY 20, 2023

Identity and Access Management (IAM) Services PEAK Matrix® Assessment The demand for Identity and Access Management (IAM) services in the global business landscape is accelerating due to digital transformation trends, the importance of data protection, and the complexities of managing IT environments.

Management 130

Management Service Regulations Insurance 130

IBM Services

MAY 1, 2023

In this first of two posts, I investigate the anatomy of artificial intelligence and its impact on insurance. Academia is in an uproar over originality of authorship, and governments have even started to outlaw its general use. It offers customers and the insurer’s system to interact in a human-like manner.

Insurance 80

Insurance Customer Service Automation Information Technology 80

Everest Group

JUNE 16, 2023

For many sourcing organizations, Environmental, Social, and Governance (ESG) considerations have become more visible criteria in selecting strategic suppliers. Aligns with government policies : Including diverse suppliers can help companies meet government goals and requirements. And those numbers are steadily increasing.

Outsourcing 130

Outsourcing Service Government Sourcing 130

Everest Group

DECEMBER 14, 2022

Looking back at the downturn in 2008, new FinTech trends emerged, including personal finance management (PFM), insurance aggregators and marketplace, robo-advisors, crowdfunding, challenger/neo/digital-only banks, and cryptocurrencies. The last decade has seen FinTechs eat into the front-office surplus of incumbent financial services firms.

Banking 182

Banking Insurance Finance Advisory 182

Everest Group

MARCH 13, 2023

This stability is primarily because impacted employees either opt for subsidized government programs or forego medical care, as applicable, pushing the healthcare cost to the future. As a result, health plans tend to be relatively less affected due to recessionary headwinds. It’s hard to say, given the global inflation outlook improvement.

Healthcare 147

Healthcare Insurance Administrative Government 147

Groove Technology

NOVEMBER 1, 2024

Let’s analyze in depth the benefits and challenges of outsourcing, and introduce Groove Technology as a professional service provider in this field. Health Insurance Companies : For processing claims and managing patient records, high-quality healthcare software development services are essential.

Healthcare 130

Healthcare Software Outsourcing Regulations 130

Everest Group

MARCH 13, 2024

With more than 70 million individuals in the US engaged part or full-time in the gig economy, the notable lack of workplace benefits and life insurance coverage for these flex workers has sparked widespread debate. Options may include health insurance, retirement plans, disability coverage, and more.

Insurance 147

Insurance Administrative Flexibility Reduced Costs 147

Everest Group

APRIL 7, 2022

As the world emerges from the pandemic and looks for new destinations for high-end information technology and business process services, put Latin America on the radar screen for its lower costs, talent availability, language proficiency, and other factors.

Service 130

Service Nearshoring Government Analytics 130

Everest Group

JUNE 27, 2024

UK Banks Ramp Up Digital Banking Services and Redefine Operations. The UK financial sector is under pressure amid high inflation, lower interest margins, shrinking profits, and a rise in digital banking services. What are the Implications for the Outsourcing Industry? A representative list of such branch closures is mentioned below.

Banking 147

Banking Outsourcing Service Sales 147

Everest Group

MARCH 16, 2023

With the recent banking implosion, the global financial services industry , technology companies, and service providers will be hit in different ways. Implications for the financial services industry The global financial services industry also could be impacted.

Banking 130

Banking Service Right-Sizing Risk Management 130

Everest Group

NOVEMBER 10, 2023

Its benefits encompass improving workforce productivity, ensuring strict process governance and compliance, and enhancing customer experience. LEARN MORE ABOUT Top Service Providers It is gaining popularity worldwide, offering numerous applications across various business functions and industries.

Payroll 162

Payroll Insurance Finance Outsourcing 162

IBM Services

OCTOBER 12, 2023

Depending on where an organization conducts business, it will need to comply with any number of government regulations regarding where data is stored and how an AI model uses data to perform its tasks. Current regulations are always changing, and new ones are being introduced all the time.

Government 80

Government Out-Tasking Regulations Analytics 80

Perficient Digital Transformation

AUGUST 3, 2023

Highly regulated industries, such as the financial services industry, are especially interested in generative AI’s capabilities surrounding how it can support ever-transient regulatory and data governance demands. Using generative AI for such purposes gives human resources more bandwidth to thoroughly investigate suspicious incidents.

Risk Management 19

Risk Management Risk Management Service Insurance 19

IBM Services

FEBRUARY 8, 2024

For industries providing essential services to clients such as insurance, banking and retail, the law requires the use of a fundamental rights impact assessment that details how the use of AI will affect the rights of customers. Dec 19, 2023 The European AI Act is currently the most comprehensive legal framework for AI regulations.

Government 77

Government Regulations Risk Management Risk Management 77

Perficient Digital Transformation

APRIL 16, 2024

Health insurers today are facing a rapidly evolving landscape of complex expectations and requirements. Whether it’s responding to government mandates regarding interoperability and data privacy or customer demand for a seamless digital experience, constant evolution is key to staying at the forefront of industry standards.

Marketing 107

Marketing Healthcare Insurance Advisory 107

Everest Group

OCTOBER 13, 2021

Summary Mature banking, financial services, and insurance (BFSI) global business services (GBS) organizations are taking on advanced vendor management organization (VMO) roles, acquiring more responsibility in governing service provider delivery.

Strategic Sourcing 130

Strategic Sourcing Insurance Global Business Services Banking 130

Everest Group

OCTOBER 26, 2022

Top Finance and Accounting Outsourcing Services The global multi-process Finance and Accounting Outsourcing (FAO) market has continued to grow at a steady rate of approximately 10% in 2022. Market Insights™ F&A Operations Transformation – an Illustrative Example for an Insurance Company. Our Thinking. Learn More.

Finance 130

Finance Accounting Outsourcing Insurance 130

Everest Group

APRIL 3, 2024

Gen AI has recently gained considerable attention in the banking, financial services, and insurance (BFSI) industry. Integration and service Not all models run independently and often require integration with existing systems. Non-compliance with these regulations may lead to fines and legal consequences.

Regulations 173

Regulations Out-Tasking Insurance Cybersecurity 173

Everest Group

JANUARY 27, 2022

FAO buyers are increasingly open to third-party support for complex, judgment-intensive processes and digital solutions; providers are further differentiating themselves with talent strategies, governance models and ESG initiatives. Building a robust talent management strategy with a well-differentiated, techno-functional talent pool.

Finance 130

Finance Accounting Outsourcing Retail 130

Everest Group

JANUARY 12, 2024

Central banks wield the reins with CBDCs, ensuring strict regulations and government backing. These developments, fueled by partnerships and even the entry of insurers, are poised to propel digital asset adoption. With renowned institutions and insurers stepping in, the foundation for mass adoption is getting stronger, brick by brick.

Banking 162

Banking Insurance Retail Collaborations 162

Redial

APRIL 17, 2024

From alternative legal services to finance & accounting, human resource outsourcing, and procurement, South Africa maintains a competitive advantage , providing access to the dynamic African market and beyond. Proficient in English and multiple local languages, put the country in the most attractive destination for BPO services.

Banking 130

Banking Human Resources Outsourcing Legal Services 130

Redial

APRIL 17, 2024

From alternative legal services to finance & accounting, human resource outsourcing, and procurement, South Africa maintains a competitive advantage , providing access to the dynamic African market and beyond. Proficient in English and multiple local languages, put the country in the most attractive destination for BPO services.

Business Process Outsourcing 130

Business Process Outsourcing Banking Human Resources Outsourcing 130

Everest Group

OCTOBER 11, 2022

Its next evolution – open finance – holds the promise to greatly enhance the customer experience and empower users of financial services. According to the recent forecast by the Open Banking Implementation Entity (OBIE), more than 6 million individuals and businesses in the United Kingdom regularly use open banking services.

Banking 147

Banking Finance Research Accounting 147

31 West

JULY 8, 2022

When a company meets customers’ requirements, they feel more secure about its services. The Health Insurance Portability and Accountability Act is a federal law for maintaining the security of patients’ health records. Customers want organizations to keep the privacy of their data. HIPPA for healthcare.

Regulations 130

Regulations Insurance Healthcare Software 130

IBM Services

DECEMBER 4, 2023

This approach can accelerate speed-to-market by providing enhanced capabilities for developing innovative products and services, facilitating business growth and improving the overall customer experience in their interactions with the company.

Insurance 56

Insurance Cybersecurity Risk Management Risk Management 56