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. Additionally, it lowers exposure to potential risks.

Insurance 97

Insurance Reduced Costs Outsourcing Call Center 97

Everest Group

JULY 17, 2024

Sustainability in insurance transcends traditional practices, weaving Environmental, Social, and Governance (ESG) elements into the core of day-to-day operations, thereby safeguarding the future of stakeholders and the planet. Regulatory changes are also pushing the insurance industry towards greater transparency and sustainability.

Insurance 69

Insurance Risk Management Risk Management Regulations 69

Perficient Digital Transformation

MAY 27, 2022

For those wanting to start their own cryptocurrency fund, it’s important to be well informed about cryptocurrency regulations. Regulatory cryptocurrency regulations are most fluid at the state level. State Regulations. SEC Regulation. Central Bank Digital Currency (CBDC) ).

Regulations 78

Regulations Management Banking Sales 78

IBM Services

SEPTEMBER 14, 2023

These requirements create a technical challenge for enterprises—especially in regulated industries (e.g., insurance, banking, healthcare, etc.)—to How are IBM Cloud regulated workloads set up and connected to other clouds? Why are regulated workload components spread across multiple clouds?

Regulations 75

Regulations Insurance Administrative Banking 75

Perficient Digital Transformation

NOVEMBER 30, 2021

Recognizing that regulated and non-regulated financial institutions seek to engage in cryptocurrency and crypto asset activities, the three largest federal bank regulators, the Federal Reserve, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency, recently issued a joint statement on crypto assets.

Regulations 72

Regulations Banking Insurance Sales 72

IBM Services

MAY 8, 2023

In my previous post , I described the different capabilities of both discriminative and generative AI, and sketched a world of opportunities where AI changes the way that insurers and insured would interact. As AI technologies continues to mature and use cases expand, insurers should not shy from the technology.

Insurance 71

Insurance Government Regulations Analytics 71

Perficient Digital Transformation

NOVEMBER 6, 2024

Artificial intelligence (AI) is poised to affect every aspect of the world economy and play a significant role in the global financial system, leading financial regulators around the world to take various steps to address the impact of AI on their areas of responsibility.

Regulations 52

Regulations Service Banking Advisory 52

Perficient Digital Transformation

APRIL 14, 2022

The connection between technology and consumers in the insurance industry has never been more relevant. Although the insurance industry was already facing rising competition and customer expectations, the global pandemic forced our industry to take legacy processes and technologies, and transition to “digital” seemingly overnight. .

Insurance 78

Insurance Design Regulations Automation 78

Everest Group

MAY 21, 2024

Outsourcing is a growing trend in the insurance industry to transform the actuarial function by reducing costs, creating innovation, increasing efficiencies, and filling the talent demand. Explore the factors driving insurers to partner with specialized service providers and the advantages and obstacles of actuarial outsourcing.

Insurance 64

Insurance Outsourcing Flexibility Risk Management 64

Everest Group

APRIL 8, 2024

Intelligent Document Processing (IDP), Banking-specific IDP, and Insurance-specific IDP Products Intelligent Document Processing (IDP) products continue to play a vital role in enterprises’ automation technology portfolios. Advances in generative AI are driving providers to ramp up their IDP capabilities.

Insurance 78

Insurance Banking Research Finance 78

31 West

JULY 8, 2022

Regulations of IT compliance vary by the industry you operate in, and it keeps changing. As an industry expert, you must know which regulations to apply to your sector. Enhance Growth: Companies adopting IT compliance have more opportunities to operate in geographic areas with specific compliance regulations.

Regulations 130

Regulations Insurance Healthcare Advisory 130

Perficient Digital Transformation

NOVEMBER 19, 2024

Artificial intelligence (AI) is poised to affect every aspect of the world economy and play a significant role in the global financial system, leading financial regulators around the world to take various steps to address the impact of AI on their areas of responsibility.

Regulations 52

Regulations Service Banking Government 52

Perficient Digital Transformation

OCTOBER 27, 2022

Seeking additional arrows in their quiver against large bank failures, on October 14, 2022, the Federal Reserve Board (FRB) and Federal Deposit Insurance Corporation (FDIC) published an Advance Notice of Proposed Rulemaking (ANPR).

Banking 64

Banking Regulations Insurance Sales 64

Paysquare

MAY 10, 2023

However, it is crucial to note that the industry is subject to rigorous regulations, encompassing a multitude of rules and prerequisites that differ depending on the business type and location. To navigate these regulations efficiently, companies must be aware of their obligations. from 2021 to 2026. from 2021 to 2026.

Regulations 52

Regulations Payroll Outsourcing Automation 52

Everest Group

FEBRUARY 22, 2024

Learn the steps organizations should take to prepare now and discover how the new DORA regulations will strengthen digital operational resilience. The DORA regulations are expected to significantly enhance the digital resiliency of the EU’s financial sector and foster greater stability, consumer protection, and trust.

Regulations 59

Regulations Cybersecurity Service Risk Management 59

Perficient Digital Transformation

JULY 6, 2023

A blockchain-based data model for health insurance could potentially help to improve the efficiency and security of the health insurance industry. In such a model, each participant in the network, such as a patient, healthcare provider, or insurance company, would have their own unique identity on the blockchain.

Insurance 52

Insurance Healthcare Reduced Costs Regulations 52

Perficient Digital Transformation

SEPTEMBER 6, 2023

intermediate holding companies of foreign banking organizations , and certain insured depository institutions. The proposed eligible LTD requirement was calibrated primarily on the basis of what the proposed regulation refers to as a “capital refill” framework. Comments must be received on or before November 30, 2023.

Regulations 52

Regulations Banking Insurance Reduced Costs 52

Capgemini

SEPTEMBER 12, 2024

Insuring the future with a payer-provider partnership Capgemini 10 September 2024 Facebook Twitter Linkedin New technologies and regulations make collaboration more valuable than ever In brief: New technologies and regulations are changing the healthcare landscape. Stay tuned for our next blog.”

Insurance 52

Insurance Healthcare Regulations Administrative 52

31 West

SEPTEMBER 24, 2024

Compliance with Data Protection Regulations Given the modern world’s reliance on computers and the internet to keep data, it is particularly important to follow data protection regulations. HIPAA regulates the use and disclosure of PHI in the U.S., It has tight requirements for data acquisition, processing plans, and storage.

Retail 130

Retail Regulations Insurance E-Commerce 130

Redial

MARCH 10, 2023

Insurance policies provide a safety net that can help mitigate the negative effects of accidents, illnesses, natural disasters, and other unexpected events. These professionals have the necessary skills and experience to manage policies efficiently, that will ensure compliance with industry standards and regulations.

Call Center 130

Call Center BPO Outsourcing Nearshoring 130

Perficient Digital Transformation

OCTOBER 24, 2024

Artificial intelligence (AI) is poised to affect every aspect of the world economy and play a significant role in the global financial system, leading financial regulators around the world to take various steps to address the impact of AI on their areas of responsibility.

Regulations 52

Regulations Service Banking Cybersecurity 52

Perficient Digital Transformation

NOVEMBER 14, 2024

Artificial intelligence (AI) is poised to affect every aspect of the world economy and play a significant role in the global financial system, leading financial regulators around the world to take various steps to address the impact of AI on their areas of responsibility.

Regulations 52

Regulations Service Banking Insurance 52

Perficient Digital Transformation

SEPTEMBER 27, 2021

Which health insurers are providing the best customer experience (CX), and how are they improving the quality of their experiences? Forrester set out to answer this very question in The US Health Insurers Customer Experience Index, 2021. The app includes customizable features to meet unique state and local regulations of clients.?.

Healthcare 119

Healthcare Insurance Analytics Automation 119

Perficient Digital Transformation

NOVEMBER 4, 2024

Artificial intelligence (AI) is poised to affect every aspect of the world economy and play a significant role in the global financial system, leading financial regulators around the world to take various steps to address the impact of AI on their areas of responsibility.

Regulations 40

Regulations Service Banking Insurance 40

Everest Group

SEPTEMBER 18, 2024

Job overview The Insurance technology and services team focuses on current and anticipated trends at a line-of-business level (e.g., Job overview The Insurance technology and services team focuses on current and anticipated trends at a line-of-business level (e.g., For more information, visit www.everestgrp.com.

Insurance 40

Insurance Advisory Research Right-Sizing 40

IBM Business Partners

JUNE 23, 2023

Although interest rates have increased at an unprecedented rate over the past year due to efforts by central banks to curb inflation, insurers are locked into low-yielding investments, and it will take several years for their investment yields to improve. Core modernization (processes and technology) is a top priority for every insurer.

Insurance 56

Insurance Administrative Right-Sizing Automation 56

Perficient Digital Transformation

OCTOBER 30, 2024

Artificial intelligence (AI) is poised to affect every aspect of the world economy and play a significant role in the global financial system, leading financial regulators around the world to take various steps to address the impact of AI on their areas of responsibility.

Regulations 52

Regulations Service Banking Advisory 52

Mercans

OCTOBER 17, 2024

The Appellate Court’s recent ruling enables the Government to implement the Social Health Insurance Act no. This law replaces the National Health Insurance Fund (NHIF) with the Social Health Insurance Fund (SHIF). 16 of 2023.

Insurance 40

Insurance Payroll Regulations Accounting 40

Mattsen Kumar

OCTOBER 7, 2024

In the insurance world, where the promise of protection often meets the reality of paperwork and jargon, delivering exceptional customer experience (CX) has never been more crucial. In the UK insurance sector, the quest for providing outstanding CX is not just a pipe dream but a tangible goal for 2024 and beyond. Sounds dreamy, right?

Insurance 52

Insurance Call Center Analytics Regulations 52

Magellan Solutions

FEBRUARY 14, 2024

With rising costs and complex regulations overwhelming healthcare providers, partnering with overseas business process outsourcing (BPO) companies has become a strategic necessity. This helped Asian Hospital improve collections and reimbursements from insurance companies. This improves customer satisfaction.

Call Center 98

Call Center Healthcare Outsourcing Insurance 98

Redial

DECEMBER 9, 2022

Besides, there are a lot of areas fintech can attend from insurance, digital wallets, investments and more. Industry regulation. Finance, being one of the most regulated sectors, naturally, because of the very sensitive data and transactions it holds, raises a lot of standards and processes to secure safety and good practices.

Nearshoring 130

Nearshoring Cybersecurity Regulations Finance 130

Mercans

MAY 16, 2021

Egypt – Comprehensive Health Insurance Law No. With its Comprehensive Health Insurance Law No. 2 for the year 2018, the government of Egypt reformed the public health insurance program by introducing a phased roll-out of the new program starting in 2018. 2 for 2018. The new program will be rolled out by city, as outlined below.

Payroll 75

Payroll Outsourcing Insurance BPO 75

Everest Group

MARCH 23, 2023

Providers are also extending greater support for compliance, including regulations such as MiFID, EMIR, FATCA, and upcoming T+1 settlement frameworks.

Marketing 98

Marketing Robotics Process Automation Service Insurance 98

Groove Technology

NOVEMBER 1, 2024

Health Insurance Companies : For processing claims and managing patient records, high-quality healthcare software development services are essential. Regulatory compliance The healthcare industry is subject to numerous regulations and standards that govern software development and data management.

Healthcare 130

Healthcare Software Outsourcing Regulations 130

Perficient Digital Transformation

MAY 17, 2023

Despite an increased level of regulation, HCOs need access to analytics information to make informed business decisions. Capturing data in a way that does not compromise protected health information (PHI) or violate Health Insurance Portability and Accountability Act (HIPAA) regulations is critically important.

Analytics 111

Analytics Healthcare E-Commerce Call Center 111

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. As insurance intermediaries that represent carriers, MGAs provide insurance products to retail agencies and insureds. Read on to learn more.

Insurance 52

Insurance Robotics Process Automation Risk Management Risk Management 52

Everest Group

MAY 24, 2023

As the insurance industry undergoes a paradigm shift post-pandemic, digital transformation can improve customer experience and engagement. Partnering with service providers will help insurers overcome barriers and improve efficiencies. Read on to learn more. Reach out directly to discuss or for more information.

Insurance 52

Insurance Risk Management Risk Management Analytics 52