Solutions for the Insurance Industry
As restructuring and downsizing continue to impact the insurance
industry, insurance providers must accomplish more with fewer resources.
Competing successfully means getting products to market faster.
At the same time, insurance companies must ensure regulatory compliance,
grow profitability, and manage the complexities of consolidation.
Document Processing/Production Challenges
When it comes to document production, the insurance industry continues
to rely on manual processes and ad-hoc measures to respond to fast-changing
regulatory and corporate governance demands. As insurers manage
the impact of compliance with regulatory requirements like HIPAA
(US), Sarbanes-Oxley (US) or Financial Services & Markets Act
(UK), they have yet to capitalize on the business value of intelligent
document management.
With the right document output management solution, insurers can
address regulatory compliance requirements and simultaneously manage
security risks, reduce costs, minimize business risk, and improve
efficiency and document communication quality.
Pitney Bowes Emtex Software best-in-class output management solutions
can help you improve operational efficiency and profitability.
Solutions Capabilities
- Migration of modern and legacy documents to the internet or
archival systems to meet regulatory requirements
- Automated closed loop reprinting and job and mail-piece tracking
for ADFs
- Data stream conversion to link legacy jobs with new print technology
- Automated job scheduling for off-hours production of non-critical
jobs
- Job parsing and work load balancing to improve productivity
- Repurposing of postal sorting, accounting, and reporting data
- Added value to document through integration of key CRM initiatives
- Networking of printers to simplify installation and ease IT/MIS
workloads
- Advanced print queue management to improve user/operator productivity
- Customizable workflow to meet unique application requirements
Benefits
- Simplify document production in multi-vendor environments
- Increase operational efficiency
- Centralize management of multi-channel document distribution
- Enhance document integrity, accounting and auditing
- Reduce operational costs
- Optimize print production and distribution of high-volume communications
- Meet and monitor service level agreements
- Enhance accountability by tracking the volume and value of work
produced
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