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In today’s extremely competitive business environment, US companies must constantly find ways to “cut the fat” so they can focus on core operations that drive growth and profitability. For insurers like you, that core activity is selling policies. Therefore, you may want to consider outsourcing non-core tasks such as:
In today’s cutthroat insurance industry, US insurers are constantly on the lookout for technologies that can help them improve their efficiency, keep up with changing demands, and gain a competitive edge. To guide you in your search, here are four fields of IT that you should focus on: 1.
Does your law firm deal with medical records and other protected health information (PHI)? If it does, then you may be subject to the Health Insurance Portability and Accountability Act of 1996 (HIPAA). The cost of noncompliance with HIPAA can be steep — Advocate Health Care Network paid a
Insurance companies play a key role in keeping people financially secure amidst life’s uncertainties, such as illnesses, accidents, and deaths. They pay out claims to clients who experience loss to hopefully prevent the latter from depleting their personal savings. However, they can only do this if they properly manage
Ours is a world of increasing specialization. The market has shifted towards providers who focus their efforts and resources toward a narrower area of expertise in order to deliver a higher level of excellence. These choose to cultivate a smaller but devoted clientele rather than provide a one-size-fits all
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