Web Property of Cogneesol
Web Property of Cogneesol
In 2025, insurance brokers are under pressure from every direction. Manual processes, complex policy requirements,...
Marine insurance underwriting remains one of the most complex yet indispensable pillars of global trade....
Surplus lines insurance is at a turning point. Facing intensifying regulatory oversight, volatile specialty risks,...
Artificial Intelligence (AI) was a term coined by emeritus Stanford Professor John McCarthy in 1955....
Key Takeaways Modernizing your insurance back office transforms it from a cost center into a...
Automated insurance underwriting is the process where robotic process automation (RPA) and artificial intelligence (AI)...
Insurance risk management has always been a critical aspect of the financial landscape. However, in...
Insurance customer experience (CX) is the sum total of every interaction, online and offline, that...
Is the insurance claim process becoming overwhelming due to lengthy processing times? Automated claims processing...
Insurance loss run report refers to the claims history of the policyholder. Claims history plays...
The Certificate of Insurance (COI), a document issued by an insurance company or broker, is...
From balancing administrative work with sales, finding new leads to getting renewals, and keeping up...
It was in the late 1990s when organizations, including P&C insurance companies, sought innovative ways...
The global insurance BPO market was valued at $7.9 billion in 2022 and is projected...
According to Grand View Research, “The global insurtech market size was valued at USD 5.45...
According to the Market Research Report published by Fortune Business Insights in April 2023 for...
With technology, changing customer expectations, and regulatory changes fast shaping a different future, the insurance...
Marketplaces are rife with the frenzy caused by disruptions that include COVID-19, the ongoing Russia-Ukraine...
A customer’s experience is the single factor that has the biggest impact on their loyalty,...
Several issues plagued the current insurance industry landscape. On the one hand, insurers have to...
The insurance sector, for the past several years, has been seeing several changes across industries....
Insurance Underwriting excellence is paramount for insurance companies to enhance overall business performance. Moreover, reviewing...
For decades, underwriting has been seen as another insurance back-office process. Moreover, decision-makers often overlook...
It is rare for an insurance company to go insolvent but there are always possibilities....
Insurance agency management software is a desktop application, which can also be a cloud-based program depending...
Today, the buzz around insurtech can be seen across insurance lines. Insurers around the world...
Cyber threats are a fast-growing concern in the insurance sector, especially during the current crisis....
The global pandemic has hit the insurance sector hard. Insurance agencies need to take appropriate...
The COVID-19 is posing certain challenges at MGAs that must be overcome to ensure sustainability....
Insurance customer experience and satisfaction are paramount in the industry. However, it may not seem...
With growing competition in the global insurance sector, insurance COOs face various challenges every day....
The insurance market is exponentially growing due to changes in customer sensibilities. With this, insurance...
Although all insurance processes are vital, policy renewal has its own importance. Learn why renewals...
We all are aware of the disruption the insurance industry is experiencing especially from all...
The insurance claims process in today’s modern business era is becoming complex. With a lot...
With the ever-changing regulations, growing customer demand, changes in customer behavior, and market dynamics, the...
In recent years, with revolutionary, modern technologies, insurance policy administration has remarkably evolved, producing flexible...
Over the past few months, workers have rearranged to work remotely, but it is not...
Learn about the challenges faced by insurers due to COVID-19. Dig deeper now in this...
Insurance BPO services & COVID-19! Gain valuable insights into the top ways insurers can benefit...
Amidst the COVID-19 outbreak, every insurance firm is looking for different and innovative methods to...
It’s better to take action rather than being depressed due to business loss. Read on...
It is strange how coronavirus has been shaking the entire world in the past 2-3...
The insurance industry is highly competitive. Insurers face multiple challenges consistently and dealing with them...
Every now and then, something new and shocking comes out about coronavirus. Almost every country...
Insurers struggle to find new ways to introduce their insurance products in the market. The...
The insurance industry has lagged in adopting new business practices. But today many are choosing...
Insurance BPO (Business Process Outsourcing) sector has seen significant growth in the past owing to...
The customer is always right! This fact was, is, and shall always remain true, irrespective...
Artificial Intelligence (AI) is a term making heads turn around in the insurance business these...
In the digitalization era, commercial underwriting faces challenges owing to the assessment and management of...
Businesses face mounting pressure to decide between in-house, outsourcing, or hybrid models. The insurance sector...
The insurance sector faces numerous challenges when it comes to client satisfaction. Why? The insurance...
Along with big e-commerce companies, technology has impacted insurance businesses as well. The way customers...
It is contradictory to understand that digital technology has made business processes more efficient and...
Outsourcing commissions management has become an essential aspect for insurers. Managing commissions for a wide...
Insurance Process Outsourcing: A contemporary buzzword, outsourcing has been a longstanding practice with roots tracing...
Insurance outsourcing services has emerged as a popular option to lift the burden of the...
The focus of any industry in today’s severely competitive business environment is to maximize operational...
The insurance industry is no stranger to change. Back-office processes are pivotal in ensuring efficiency...
In this complex business environment, substantial change is being observed in the insurance sector due...
Insurance outsourcing services have become increasingly successful for insurance brokers in today’s dynamic and competitive...
Insurance claims management is a crucial task in the Insurance Industry. It is complicated, but...
Anyone working in the insurance industry knows how much of impact commissions have for the...
In the modern business environment, in every industry, there is cut-throat competition among business enterprises....
Seeking to improve the insurance claim management process, through an elaborate effort, is what you...
Outsourcing is often conceived negatively by the insurance organizations, who link it with downsizing. But...
Spending money on the appropriate insurance policy administration software for your insurance firm is a...
Outsource Commission management services are of great importance for an insurance firm. They include various...
Insurance claims management is an important process in insurance firms. It helps in settling claims,...
Policy management is an important function in any insurance enterprise. It involves various important processes...
In the present competitive business environment insurance companies are facing a variety of challenges. The...
In the contemporary business scenario, there is cut-throat competition among numerous commercial enterprises. Every business...
Efficient handling of insurance claims is a cornerstone for insurers. Outsourcing this process has become...
Outsourcing is the magic mantra in today’s business scenario and nowhere is it more relevant...
There are many reasons why insurance outsourcing had taken off in a big way in...
Today, companies are constantly trying to outdo one another and capture bigger and bigger slices...
There are instances when processing any sort of insurance claim can give you a serious...
The international business and trade scenario today is not what it used to be in...
The backbone of insurance companies is the wholesalers who gives business in bulk. As compared...
Optimizing modern business efficiencies is primarily about concentrating on core business activities and strengthening the...
An analysis of the benefits of outsourcing claims management to India raises question – why...
It is an accepted reality that for any insurance company to be really competitive and...
Insurance policy management is a crucial, complex, and extensive process involving creating, updating, and overall...
One of the major back-office functions in the insurance sector is claims processing. This activity...
Insurance outsourcing has over the years constantly evolved to newer heights and 2015 has been...
With the increasing threat globally from natural disasters and terror-related activities, there has been an...
Before going into the intricacies of outsourcing, know exactly what policy management is. It is...
The outsourcing industry is almost a parallel business sector to mainstream commercial entities and constantly...
How to choose right outsourcing partner requires careful thought and evaluation of a host of...
Managing back-office functions for a business is a formidable task, made even more challenging when...
While it is true that the bottom line is important for any company. It is...
In today’s fast-paced and highly competitive business environment, companies across various industries continually seek ways...
The process of outsourcing is a common business activity today. Firms globally are leveraging the...
Insurance Outsourcing Services helps in reduction of operating costs and hence increase profit margins. Outsourcing...
In the ever-evolving landscape of business processes, outsourcing has become a prevalent practice, extending beyond...
Insurers often find themselves at a crossroads in the ever-evolving landscape of business expansion and...
Regardless of whether you’re an insurance provider or perhaps a common insurance plan holder, you...
The insurance sector offers a sense of security to people as insurance companies safeguard their...
India has made a strong position for itself in the global outsourcing area. Today, India...
“Do what you do best, outsource the rest”. This line fits the insurance company that...
The real perception of the Insurance Company’s working was tradition-bound in how they conduct their...
The manner the outsourcing industry has brought new business sectors under its umbrella shows the...
The thing that separates top insurance companies from average ones is trust and reputation. A...
The insurance industry is undergoing rapid changes to meet the needs of today’s society. Consequently,...
Business management teams sometimes fail to see the potential or realize the true worth of...
In the dynamic landscape of the insurance industry, the outsourcing of services has become a...
According to Deloitte, claims management processes make up around 70% of insurers’ costs. Moreover, inefficient...
The demand for insurance back office outsourcing has increased more than ever. There have been...
Outsourcing functions in risk management can help companies improve processes and save in terms of...
For insurance companies to succeed, claims management effectively is essential. Their margins are affected directly...
In simple terms, insurance outsourcing means getting help from professional firms to handle some parts...
Insurance Services Outsourcing has a number of benefits including improvements in the services provided by...
