The insurance industry having remained immune to most changes in the last century is in the last ten years witnessing a slew of innovative products and business models. As with most other industries, Insurance is facing the challenges of raising customer expectations, hustle of innovation and advent of newer and swift footed players. In addition, to be competitive insurance players must always be focused to improve performance while reducing cost.
Business Process Management (BPM) as an operations management practice helps insurance companies to automate routine processes like underwriting and claim submission. BPM also offers the capability to address regulatory compliance challenges as an automated process. BPM in short will be a holistic approach bringing process, people and technology on a single platform enabling the enterprises to face-off a host of challenges coming its way.
Acwiron with its BPM services assures the following benefits to Insurance companies.
Locode Solutions is a Las Vegas, Nevada based company offering specialized services in the area of Business Process Management services. We offer expertise in all components of BPM from Process Modelling to Process Optimization, this includes Content & Case Management, Content & Case Management, Group & Application Management, Social Collaboration, Business Rules, Service Oriented Architecture (SOA), Cloud Computing, Enterprise Mobility and BAM, Reporting & Analytics. We also provide SNOW platform services, staff augmentation, CoE services and the expert services to the clients.