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 100

Insurance Advisory Research Right-Sizing 100

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

Everest Group

OCTOBER 19, 2024

The AI Act and other regulations introduce new compliance requirements that European businesses must meet. Cybersecurity Services PEAK Matrix® Assessment – Europe Due to the region’s diverse cultural, linguistic, and regulatory landscape, European enterprises face unique cybersecurity demands, requiring customized solutions from providers.

Cybersecurity 130

Cybersecurity Service Insurance Regulations 130

Everest Group

MAY 19, 2022

With increased cyber attacks and data breaches post-pandemic, cyber insurance to protect against the rising digital threats is growing in demand. Cyber insurers can benefit by partnering with service providers to seize opportunities for growth and profitability in this fast-growing market. Read on to learn how. .

Insurance 130

Insurance Marketing Cybersecurity Engineering 130

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 246

Marketing Robotics Process Automation Service Insurance 246

Forrester Digital Transformation

OCTOBER 12, 2021

In APAC, vast political, economic, and social differences among countries pose an impact on sustainable finance regulations. Even for ESG factors that are easiest to measure and compare — carbon emission, for example — there are still no common goals in the region.

Regulations 130

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

Insurance 130

Insurance Robotics Process Automation Risk Management Risk Management 130

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 130

Insurance Risk Management Risk Management Analytics 130

Perficient Digital Transformation

DECEMBER 18, 2023

Legal Obligations and Regulatory Frameworks It is well-known that financial institutions operate within a complex web of laws and regulations. By streamlining processes and ensuring compliance with regulations, banks can reduce the likelihood of errors, fraud, and other operational inefficiencies that could threaten their stability.

Regulations 111

Regulations Cybersecurity Banking Insurance 111

Forrester Digital Transformation

OCTOBER 11, 2021

The EU has committed to becoming the first climate-neutral bloc in the world by 2050 and has adopted a slew of regulation to support this transition.

Regulations 130

Regulations Insurance Banking Finance 130

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

Magellan Solutions

APRIL 28, 2023

Top 7 Benefits of Outsourcing Administrative Functions for Insurance Companies Insurance companies encounter a variety of challenges nowadays. Increasing client demands, ever-changing regulations, and competition are some of the difficulties. With the rising inflation, insurance companies are looking for ways to reduce costs.

Administrative 98

Administrative Insurance Outsourcing Data Entry 98

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 217

Marketing Robotics Process Automation Service Insurance 217

McKinsey & Company

JULY 17, 2023

Supportive regulations, intensifying competition, digital-savvy consumers, and a coverage gap have created favorable conditions for Asian insurers to consider embedded-insurance opportunities.

Insurance 98

Insurance Marketing Regulations 98

Premier BPO

JULY 12, 2024

The US Health Insurers Customer Experience Index Rankings, 2024 paint a bleak picture of the health sector struggling to keep up with other sectors regarding Customer Experience (CX) and Digital Maturity. Furthermore, automating tasks such as appointment reminders and insurance verification minimizes errors and streamlines processes.

Healthcare 246

Healthcare Efficiency BPO Insurance 246

IBM Services

DECEMBER 1, 2023

Insurers struggle to manage profitability while trying to grow their businesses and retain clients. Large, well-established insurance companies have a reputation of being very conservative in their decision making, and they have been slow to adopt new technologies.

Insurance 103

Insurance Automation Regulations Reduced Costs 103

Perficient Digital Transformation

MAY 30, 2024

Health insurers from every corner of the country are set to assemble in Las Vegas for the 2024 AHIP conference —and here at Perficient, we’re excited to have two of our colleagues attending as well. Mike Porter : There is both a technical point of view here as well as very specific discussions on what’s happening with trends and regulations.

Insurance 88

Insurance Healthcare Regulations Marketing 88

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 13, 2023

New regulations and standards, such as ISO 20022, are paving the way for faster and more efficient payments. The increasing prevalence of digital payments and the consumer demand for seamless instant transactions are driving the adoption of real-time payments systems.

Service 246

Service Banking Insurance Healthcare 246

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

Everest Group

APRIL 3, 2024

Gen AI has recently gained considerable attention in the banking, financial services, and insurance (BFSI) industry. Security measures In a highly regulated industry like BFSI, where data and security are imperative, meticulous attention to security and regulatory compliance is critical.

Regulations 173

Regulations Out-Tasking Insurance Cybersecurity 173

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

Everest Group

NOVEMBER 10, 2023

Key takeaways from this webinar include: Innovative use cases: explore real-world use cases for open banking, from enabling embedded finance to offering lifestyle finance through personalized services based on customer behavior data Regulatory compliance: understand key regulations and how to look for a robust solution that ensures compliance API monetization (..)

Banking 162

Banking Finance Insurance Regulations 162

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

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 Software 130

Everest Group

AUGUST 24, 2022

New regulations in the financial sector call for a dynamic regulatory compliance check, which is difficult for these institutions to manage globally. Market Insights™ Insurer of the Future: Invisible Protection Provider. Market Insights™ Insurer of the Future: From Insuring Loss to Ensuring Protection.

Banking 130

Banking Insurance Service Advisory 130

Everest Group

NOVEMBER 10, 2021

How regulated industries like banking, finance, insurance, healthcare, life sciences, public sector, and defense will dominate roll out, especially in early phases. How adoption in different theaters will be driven by privacy regulations and incidences of cyber-threats.

Regulations 130

Regulations Insurance Banking Finance 130

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

Perficient Digital Transformation

JANUARY 18, 2023

As a result, the pace of data privacy and data regulation has accelerated on a global scale. Sensitive Data: Regulated. Highly Sensitive Data: Subject to high regulation. Protected health information (PHI): Patient records, health insurance details, and medical records. . i.e., employee salaries. .

Regulations 64

Regulations Service Government Insurance 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

MARCH 13, 2023

This regulation is expected to bring effective workforce utilization, improved data exchange, reduced appeals, and, in turn, more timely claims disbursal Inflation reduction act : Starting this year, Medicare will be allowed to negotiate prices for prescription drugs with pharmaceutical companies. million rise in uninsured adults.

Healthcare 147

Healthcare Insurance Administrative Government 147

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

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

Everest Group

FEBRUARY 2, 2023

Banks are using blockchain to help manage the documents needed for completing a trade transaction, including contracts, letters of credit, bills of lading, import/export licenses, insurance certificates, and more. Another obstacle is the impact blockchain may have on existing systems and processes.

Banking 246

Banking Service Right-Sizing Automation 246

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

Offshore India Data Entry

OCTOBER 28, 2024

Indian BPO providers house certified resources who are adept in core healthcare functions, including medical billing and coding, patient data management, and insurance claims processing. They get meticulous training and stay current with the new technology trends and healthcare regulations.

BPO 52

BPO Healthcare Service Insurance 52