Automation is growing in significance for the insurance business. But buying the tool is merely a first step. In reality, your automation strategy needs to consider the implications of automation in your enterprise and work in step with business mandates as well as market demands.
The rise of RPA & AI
RPA and AI in Insurance automation promises to radically transform business operations. Technology-centricity plays a crucial role in accelerating automation initiatives to achieve operational excellence.
Top use cases of RPA for
the insurance industry
In a typical claims processing scenario, receiving, validating, and approving a claim takes several days. It takes even longer if there has been an oversight, like incorrect customer details or mismatched financial data as it has to be subject to additional checks.
5 Pre-requisites to
In recent times, RPA’s adoption as an automation approach has become mainstream and many companies have started looking at RPA as one of their key strategic investment areas. As a sponsor of such an initiative, how can you increase the chance of a successful outcome?
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>50% of Insurance companies have started their RPA journey. Are you going to be left behind?