Everest Group

AUGUST 9, 2024

Guidewire’s latest release, Kufri, showcases the company’s dedication to innovation, efficiency, and global reach in the insurance technology space. Emphasizing streamlined processes, advanced data analytics, and expanded global solutions, Kufri is set to enhance the competitive edge of insurers worldwide.

Insurance 64

Insurance Marketing Analytics Efficiency 64

Magellan Solutions

SEPTEMBER 27, 2020

One of the keys to a successful business lies not only in the products or services but also to loyal customers. This is especially true for the insurance industry — an industry that relies greatly on its customer base. This is why good customer service in the insurance industry is important. . It is grounded on clients.

Insurance 52

Insurance Customer Service Service Call Center 52

Everest Group

APRIL 28, 2022

Sharing sensitive data with outsourcing providers in today’s interconnected digital world has increased organizations’ vulnerability to cyberattacks, making it more important than ever to have an effective supplier cyber risk management strategy. Not having a formal supplier cyber risk management strategy can cause compliance issues.

Risk Management 52

Risk Management Risk Management Management Cybersecurity 52

Magellan Solutions

NOVEMBER 8, 2018

The treasure chest of any businesses lies not on their products or services but on the loyal consumers who love their products and/or services. This is especially true for the insurance industry that relies greatly on their customer base. Because of this, customer service for the insurance industry is really important.

Insurance 49

Insurance Customer Service Service Risk Management 49

Magellan Solutions

JULY 21, 2021

Different Types of Insurance Claims Outsourcing. Insurance claims outsourcing proves to be helpful for insurers worldwide. Insurance products and services are ever-changing in this specific niche. Yet services of insurance BPO remain consistent. Property Insurance Claims. Shop insurance.

Insurance 52

Insurance Outsourcing Data Entry BPO 52

McKinsey and Company

OCTOBER 20, 2022

The COVID-19 pandemic has exacerbated challenges for insurers in continental Europe. M&A deals with closed-book players can help insurers continue to create value.

Insurance 73

Insurance Risk Management Risk Management Management 73

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

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

Obobo

DECEMBER 13, 2022

What is Third Party Risk Management? First, let’s start with understanding what risk management is. Risk management is the process of identifying, assessing, and controlling risks. Now that we have a general understanding of risk management, let’s talk about third party risk management (TPRM).

Risk Management 40

Risk Management Risk Management Management Insurance 40

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.

Insurance 52

Insurance Robotics Process Automation Risk Management Risk Management 52

Avasant

FEBRUARY 1, 2021

Covid Accelerates Digital Disruption And Innovative Business Models In The Insurance Sector. C hanging risk landscape s and worsening loss ratios are shifting the role of insurance companies from risk mitigation to risk prevention. The report recognizes service providers in four categories: .

Insurance 52

Insurance Risk Management Risk Management Manufacturing 52

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 52

Insurance Marketing Cybersecurity Engineering 52

Redial

JULY 5, 2023

SOC 2 (System and Organization Controls): Provide user organizations with assurance over the critical systems and sensitive data used to provide the outsourced services. Typically, the objective is to meet vendor risk management requirements that customers may request surrounding security.

Cybersecurity 130

Cybersecurity Risk Management Risk Management Insurance 130

Everest Group

JULY 7, 2023

Embracing sustainability in the insurance industry is not just a choice, but a necessity for a resilient future. By integrating Environmental, Social, and Governance considerations into their practices, insurers can mitigate risks and foster long-term value for customers, shareholders, and the planet.

Insurance 52

Insurance Government Analytics Risk Management 52

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 59

Regulations Cybersecurity Service Risk Management 59

McKinsey and Company

APRIL 25, 2022

In a fast-changing business environment, CEOs who prioritize a new, holistic risk management approach will add value to their organizations—and to their customers too.

Insurance 60

Insurance Risk Management Risk Management Management 60

IBM Services

JANUARY 16, 2024

The start of 2024 brings forth many questions as to what we can expect in the year ahead, especially in the financial services industry, where technological advances have skyrocketed and added complexities to an already turbulent landscape. One example of this is in insurance.

Service 51

Service Banking Risk Management Risk Management 51

Perficient Digital Transformation

NOVEMBER 6, 2024

SEC Chairman Gensler foresees potential systemic risks because the use of AI in the financial sector eventually may be driven by a small handful of foundational models, thus creating a “monoculture” with many market participants relying on the same dataset or model.

Regulations 52

Regulations Service Banking Advisory 52

Everest Group

NOVEMBER 28, 2023

The Managing General Agent (MGA) sector is a bright spot in a turbulent insurance market. Technology investments and strategic partnerships will be key to redefining risk and driving innovation for these specialized insurance agents/brokers. The data provides a compelling sense that MGAs have a bright future ahead.

Insurance 59

Insurance Service Co-Sourcing Analytics 59

31 West

SEPTEMBER 24, 2024

They observed a primary incremental backup at least once daily using an external hard drive and a secondary full backup kept offline in a cloud service. 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

Velocity Global

NOVEMBER 14, 2022

A PEO is a B2B service company that allows its clients to outsource a range of employee management tasks, including: Employee benefits. Risk management. A PEO will typically charge a service fee based on a percentage of the employee’s total compensation. How Does a PEO Work? Payroll and workers’ comp. Recruiting.

Payroll 98

Payroll Administrative Insurance Right-Sizing 98

Capgemini

OCTOBER 30, 2024

At Capgemini’s Business to Planet Connect 2024, part of Climate Week NYC, a panel of experts discussed the challenges and opportunities that lie ahead for financial services companies. They touched upon reporting, risk management, growth, innovation, and much more. What follows are key takeaways from the panel.

Banking 52

Banking Service Insurance Finance 52

Everest Group

DECEMBER 14, 2022

Top Managed Detection and Response (MDR) Services The rise in enterprise touchpoints in the form of IoT, SaaS, and cloud have added to the woes of CISOs by significantly increasing the attack surface. In this research, we assess 27 MDR service providers featured on the MDR Services PEAK Matrix® Assessment. Our Thinking.

Management 52

Management Cybersecurity Service Insurance 52

McKinsey and Company

JANUARY 6, 2023

Underwriters can use granular trend-impact diagnostics on portfolios, recalibrated risk selection, and greater underwriting agility to adapt to the evolving and uncertain insurance market.

Marketing 90

Marketing Insurance Risk Management Risk Management 90

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 52

Cybersecurity Service Insurance Risk Management 52

Perficient Digital Transformation

OCTOBER 24, 2024

As noted at the time by the OCC, advances in computing capacity, increased data availability, and improvements in analytical techniques have significantly expanded opportunities for banks to leverage AI for risk management and operational purposes.

Regulations 52

Regulations Service Banking Cybersecurity 52

Perficient Digital Transformation

NOVEMBER 4, 2024

The report recommended that the agency develop a sector-specific AI Risk Management Framework. At the time, the agencies noted they supported responsible innovation by financial institutions as the use of AI, had the potential to augment decision-making and enhance services available to consumers and businesses.

Regulations 40

Regulations Service Banking Insurance 40

IBM Services

FEBRUARY 8, 2024

” European Parliament News The EU AI Act in brief The primary focus of the EU AI Act is to strengthen regulatory compliance in the areas of risk management, data protection, quality management systems, transparency, human oversight, accuracy, robustness and cyber security.

Government 77

Government Regulations Risk Management Risk Management 77

Groove Technology

SEPTEMBER 3, 2022

EOR gives you access to reliable services that can do these tasks on your behalf. You gain the advantage of using the services of a highly skilled firm when you entrust EORs with significant responsibilities like employee administration, payroll processing, and other HR-based activities. Keep Precision. Contact us right away!

Payroll 130

Payroll Out-Tasking Administrative Accounting 130

Perficient Digital Transformation

JANUARY 31, 2022

As soon as its risk management system discovered the attack, it suspended withdrawals across the platform, reimbursed customers who were affected, and “revamped and migrated to a completely new 2FA infrastructure,” according to the company statement.

Risk Management 69

Risk Management Risk Management Insurance Finance 69

IBM Services

DECEMBER 8, 2023

Risk transfer: Risk transfer involves passing the risk to a third party. This strategy shifts the risk from the organization onto another party; in many cases, the risk shifts to an insurance company. An example of this is obtaining an insurance policy to cover property damage or personal injury.

Risk Management 72

Risk Management Risk Management Insurance Cybersecurity 72

inDinero

AUGUST 21, 2024

While many construction company owners juggle multiple roles, including that of a financial officer, the benefits of having a dedicated Chief Financial Officer (CFO) or utilizing fractional CFO services are becoming increasingly apparent.

Regulations 104

Regulations Finance Accounting Jobbing 104

Capgemini

NOVEMBER 30, 2022

FOCUS ON DATA ECOSYSTEMS IN THE ERA OF FINANCIAL SERVICES Ashvin Parmar 7 September 2022. When it comes to data, the financial services industry has some of the greatest opportunities but also faces tremendous risks and pressures. The banks and insurers don’t have a choice but to start to collaborate,” Parmar says. “So,

Service 52

Service Finance Risk Management Risk Management 52

Perficient Digital Transformation

OCTOBER 30, 2024

In April 2021 a Statement and separate Request for Information on Model Risk Management was issued by FinCEN and the FDIC, Federal Reserve, NCUA, and OCC.

Regulations 52

Regulations Service Banking Advisory 52

Perficient Digital Transformation

DECEMBER 1, 2023

In various press releases, the Federal Deposit Insurance Corporation (FDIC) has highlighted that an estimated $16.3 Unlock Perficient’s Financial Expertise As your expert partner, Perficient invites you to engage in discussions addressing your specific risk and regulatory challenges.

Banking 52

Banking Insurance Regulations Risk Management 52

Hyland

JUNE 13, 2022

When used alongside Hyland content services and intelligent capture, Hyland RPA can move your organization from paper-based to completely digital. RPA insurance use cases include: Auto insurance claims processing. Life insurance claims processing. Previous car insurance. Underwriting and risk management.

Robotics Process Automation 98

Robotics Process Automation Human Resources Out-Tasking Insurance 98

Perficient Digital Transformation

APRIL 11, 2023

In our experience, the control environment and the identification and evaluation of risks are often non-IT risks and are usually documented best via a series of facilitated workshops run by risk management professionals and involving professionals from the front, back, and middle offices.

Risk Management 64

Risk Management Risk Management Banking Insurance 64