Which countries are most interesting for expansion for insurance companies? In an Accenture survey, both life insurers and property and casualty insurers rate international expansion as a critical driver of economic value, especially over the next...
Can insurers truly achieve competitive advantage through outsourcing? Accenture research shows that it’s possible—and more than that, insurers who use business process outsourcing (BPO) as an integrated part of business strategy report 17 percent ...
What kinds of benefits are possible from predictive models in P&C underwriting? Try a 15 percent expense reduction and a 4-point reduction on the loss ratio.
Predictive models in property and casualty underwriting
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I’ve spoken before about the benefits of medical records optimization.
Doctors are famous for having bad handwriting, but the inefficiency that surrounds medical data is no joke. In fact, when structured properly, there’s gold in medical informa...
Why are insurers finding it difficult to find qualified workers? As with many industries, insurance is facing a workforce shortage. However, a few factors make the problem more pronounced in insurance.
Changes in the workforce: Where have all th...