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Transformation Imperatives for Wholesalers and MGAs in Insurance: Exploring Opportunities to Unlock the Next Growth Phase | Blog

Everest Group

Various value chain elements performed by MGAs include marketing, sales, distribution, underwriting, policy issuance, claims handling, policy review, customer services, risk management, policyholder communication, and renewal management.

Insurance 130
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Leveraging Advanced Automation Technologies: Beyond RPA with AI & BPA

Metasource

There are many innovative solutions designed to streamline operations and enhance efficiency, but they’re not all created equal. Financial Risk Management : AI-driven intelligent decision support systems provide robust tools for better financial risk management.

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Market Recommendations for Global Payroll in 2023

Immedus

The report notes that, ultimately, application leaders must “balance hyper-automation, integration, emerging technology trends, and risk management” in their selection process. Current Market Trends in Global Payroll Organizations are taking greater efforts to streamline their payroll processing operations.

Payroll 52
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Business process management (BPM) examples

IBM Services

Benefits: Enhanced decision-making Efficient optimization Continuous improvement Claims management BPM can be used to standardize and optimize the claims process from start to finish. By establishing standardized workflows and decision rules, BPM streamlines the claims process by reducing processing times and minimizing errors.

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Finance Digital Transformation: Preparing For The Digital Future

Planergy Software

Process Transformation The first area that most businesses employ is process transformation. Technology like robotic process automation help to streamline traditional back-office processes in finance and accounting, while helping organizations begin to integrate technology company-wide.

Finance 52
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The AI Revolution: Transforming Businesses with Next-Gen AI

Serigor Inc

AI-Driven Automation: Boosting Efficiency and Innovation Businesses are leveraging AI-powered automation to streamline operations, minimize costs, and improve efficiency. Intelligent automation solutions reduce human intervention in repetitive tasks, enabling employees to focus on strategic decision-making.

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Activating Gen AI at scale to transform financial services: Insights and best practices from Capgemini

Capgemini

In financial services, many organizations are focusing their attention on the following key areas: Personalized customer experiences: Gen AI can tailor product recommendations, generate targeted content, and automate communication and marketing campaigns, boosting customer satisfaction and loyalty.

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