Robotic Process Automation: An overview

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The insurer of the future

Technology is changing the way people are insured

Robotic Process Automation (RPA) tools can help businesses improve the efficiency and effectiveness of their operations faster and at a lower cost than other automation approaches.

The future of the insurance world is not only exciting, but it holds significant transformations. In the future, emerging technologies such as robotic process automation (RPA), artificial intelligence (AI) and advanced data analytics will enable insurers to:

  • Remove manual subscription and pricing activities
  • Improve the predictability and profitability of the underwriting
  • Provide greater services and transparency to brokers and clients

In this video, we look at how underwriting automation can help insurers simplify policy creation and servicing, minimise manual errors and reduce time to market.

The future of the subscription will be enabled by:

  • Data provided by third / alternative parties
  • Analytics and cognitive technologies
  • Digital technology and Internet of things (Iot)
  • Robotics

Find out how technologies can help insurers better assess risks and adapt their products to meet changing customer needs. By embracing digital technologies, underwriters will be able to reduce administrative tasks and focus on strategic and complex risks where expert advice is needed.

Watch this video to learn more about how technology can help transform underwriting and prepare your organisation for the future.

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