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

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

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

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

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

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. The risk of privacy leakage from interaction with AI technologies is a major source of consumer concern and mistrust.

Insurance 71

Insurance Government Regulations Analytics 71

Everest Group

NOVEMBER 16, 2022

Fast-evolving consumer awareness about social, political, and environmental values, emerging regulations, and increased demand for sustainable financial products are pressuring BFS firms to prioritize ESG goals in operations and employment. ESG is creating new opportunities for BFS Global Business Services organizations.

Sourcing 130

Sourcing Banking Global Business Services Out-Tasking 130

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. Smart contracts are self-executing agreements between parties that use blockchains as their source code.

Banking 246

Banking Service Right-Sizing Automation 246

Everest Group

SEPTEMBER 7, 2023

The study is based on RFI responses from service providers, interactions with their automotive engineering leadership, client reference checks, and ongoing analysis of the engineering services market.

Engineering 147

Engineering Service Insurance Software 147

Everest Group

FEBRUARY 16, 2024

The introduction of new regulations in the financial sector necessitates a dynamic regulatory compliance framework, posing a global management challenge for these institutions. They are working to safeguard themselves from financial crimes while managing operational costs and enhancing delivery capabilities.

Co-Sourcing 173

Co-Sourcing Banking Service Advisory 173

Everest Group

DECEMBER 12, 2022

Open finance has widened its scope to include mortgages, wealth management, insurance, savings, and capital markets. Additionally, regulators across geographies are implementing regulations and data sharing agendas to synergize banks and FinTechs.

Finance 130

Finance Banking Service Regulations 130

Everest Group

JULY 20, 2023

Additionally, as governments worldwide enforce stricter data protection and security regulations, enterprises face pressure to comply with these regulations and adhere to localized data privacy laws. Examples include Europe’s GDPR, California’s CCPA, and Brazil’s LGPD, reflecting the evolving regulatory landscape.

Management 130

Management Service Regulations Insurance 130

Everest Group

JUNE 28, 2023

The Banking, Financial Services, and Insurance (BFSI) industry faces various challenges in today’s evolving environment, from inflation and cybersecurity to increased competition from fintechs, and changing customer expectations.

Banking 130

Banking Cybersecurity Insurance Analytics 130

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 130

Healthcare Efficiency BPO Insurance 130

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

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

31 West

SEPTEMBER 24, 2024

Backups entail making multiple copies of data, and this way, distinct from the original information source, a backup copy is created to recover the data in case of a threat. Some of these regulations include the General Data Protection Regulation (GDPR) and the Health Insurance Portability and Accountability Act (HIPAA).

Retail 130

Retail Regulations Insurance E-Commerce 130

Everest Group

JUNE 22, 2023

GAI can analyze data from multiple sources and generate mappings that meet SDTM standards. Ensuring compliance with the ambiguous regulations for digital technologies and AI in clinical development is complicated.

Pharmaceuticals 130

Pharmaceuticals Regulations Accounting Research 130

AS White Global

AUGUST 10, 2022

In recent years, insurers have relied on outsourcing insurance services to give them a significant edge in this highly competitive industry. Insurance companies have had to adapt to changes in regulations and to their customers’ evolving needs in response to the pandemic situation.

Offshoring 52

Offshoring Insurance Service Data Entry 52

Perficient Digital Transformation

JULY 22, 2022

Are members coming to your site more at the beginning and end of the year, as insurance policies are updated and they seek out information, or in the month of December, as patients look to schedule last-minute appointments and use whatever remains in FSA accounts? A persona is a fictional character created as a proxy for a target audience.

Healthcare 111

Healthcare Sourcing Regulations Analytics 111

AS White Global

AUGUST 10, 2022

In recent years, insurers have relied on outsourcing insurance services to give them a significant edge in this highly competitive industry. Insurance companies have had to adapt to changes in regulations and to their customers’ evolving needs in response to the pandemic situation.

Offshoring 52

Offshoring Insurance Service Data Entry 52

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

Everest Group

SEPTEMBER 9, 2024

Enterprises are investing in Regulatory Technologies (RegTech) to manage compliance efficiently across global regulations. Regulatory compliance is becoming stricter, compelling firms to adopt agile compliance strategies.

Marketing 130

Marketing Service Cybersecurity Banking 130

ScaleHub

FEBRUARY 9, 2022

Today we’re pleased to share the story of how one of Germany’s largest public health insurers achieved instant scalability with ScaleHub. . Implementing a business process automation platform and optical character recognition (OCR) had helped one of Germany’s largest public health insurers to automate its business processes.

Insurance 52

Insurance Out-Tasking Automation Regulations 52

IBM Services

MAY 9, 2024

For starters, healthcare organizations constantly encounter vast (and ever-increasing) amounts of highly regulated personal data. Inaccuracies might also lead to more delays or complications with insurance coverage. Healthcare organizations must adhere to data privacy regulations like HIPAA and GDPR.

Government 71

Government Healthcare Regulations Insurance 71

Groove Technology

SEPTEMBER 6, 2022

When hiring personnel for startups, managers frequently use GEOs to swiftly and effectively source international candidates. A local team should be assigned by the GEO to make sure that all immigration regulations, mandated insurance, local tax registrations, and other important statements are in place to assure compliance.

Payroll 130

Payroll Human Resources Administrative Outsourcing 130

Velocity Global

FEBRUARY 7, 2023

and international businesses, offering health insurance to employees in different states is critical for talent retention. Can Health Insurance Be Used in Different States? health insurance plans cover emergency services at any hospital in the country, regardless of the state of purchase. Challenges for U.S. Challenges for U.S.

Insurance 52

Insurance Healthcare Administrative Payroll 52

Everest Group

MAY 28, 2024

EXPLORE Service Provider Compass Everest Group’s Service Provider Compass is a complimentary report designed to help sourcing leaders get an outside-in view of service providers’ market positions in key delivery locations. The first report focuses on IT-ADM and CXM services delivery from Mexico.

Retail 130

Retail Healthcare Right-Sizing Research 130

Everest Group

MAY 28, 2024

EXPLORE Service Provider Compass Everest Group’s Service Provider Compass is a complimentary report designed to help sourcing leaders get an outside-in view of service providers’ market positions in key delivery locations. The first report focuses on IT-ADM and CXM services delivery from Mexico.

Retail 130

Retail Healthcare Right-Sizing Research 130

Amzur

JUNE 25, 2024

From a u tomating appointment scheduling, streamlining patient care and insurance claim processing in healthcare to optimizing financial processes, these innovative platforms are revolutionizing how businesses build applications across industries. Does the platform comply with relevant data privacy regulations (e.g., GDPR, CCPA)?

Healthcare 103

Healthcare Regulations Insurance Sourcing 103

Groove Technology

AUGUST 10, 2022

This cumbersome and time-consuming procedure is restricted by a number of restrictions and regulations regarding the positions that foreigners may hold. Local regulations. The GEO will adhere to all national and local labor regulations, taxes, and work licenses. However, employing a foreigner in Vietnam is difficult.

IT Outsourcing 130

IT Outsourcing Outsourcing Payroll Administrative 130

Everest Group

NOVEMBER 7, 2022

Business solution providers such as Veeva Systems Life Sciences Cloud, Temenos Banking Cloud, and Guidewire Cloud for Insurance deliver true and heavily nuanced vertical solutions by providing niche industry-specific functionalities covering the breadth and depth of the value chain, targeting industry pain points.

Co-Sourcing 130

Co-Sourcing Banking Manufacturing Insurance 130

Perficient Digital Transformation

FEBRUARY 16, 2022

Over the last 90 days, we have let clients know about the federal banking regulators planned cryptocurrency road map , explained what steps national banks need to take to begin crypto activities , provided thoughts on the possibility of a U.S. Although not stated, FDIC insurance of stablecoin deposits would almost have to be required.

Banking 69

Banking Regulations Research Insurance 69

IBM Services

OCTOBER 12, 2023

Connecting AI models to a myriad of data sources across cloud and on-premises environments AI models rely on vast amounts of data for training. They’re built on machine learning algorithms that create outputs based on an organization’s data or other third-party big data sources.

Government 80

Government Out-Tasking Regulations Analytics 80

Paysquare

SEPTEMBER 4, 2023

Even regulations and laws are modified and incorporating these changing rules in your payroll structure is complicated. For instance, a lot of your employees in India may not need insurance, or they may not want PPF deduction. You need to get to the source of things to mitigate problems. health insurance, retirement plans).

Payroll 95

Payroll Out-Tasking Managed Services Insurance 95

Everest Group

APRIL 28, 2022

With scrutiny on global supply chains intensifying, a lack of supplier insights can lead to government regulation violations, resulting in financial losses and tarnishing an organization’s brand. Not having a formal supplier cyber risk management strategy can cause compliance issues.

Risk Management 130

Risk Management Risk Management Management Cybersecurity 130

Paysquare

AUGUST 5, 2024

The payroll industry in India is regulated by a complex network of national and state laws & regulations which includes labour laws, income tax, provident funds, and employee state insurance. Businesses need to keep up with new rules and regulations as not knowing about the updates and changes to can lead to complexity.

Payroll 52

Payroll Service Insurance Regulations 52