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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

Collateral Material
(PDFs will open in a new window)

Case Studies
• Delta Lloyd
• Allianz Cornhill
• Allianz Cornhill (German)
• Axa Insurance

White Papers
• Centralized Output Management: The Key to Maximizing Control of Production Workflow
• An Intelligent Approach to TransPromo
• Getting Smart About Intelligent Mail®
• The Truth About Green: Survey results highlight how mailers can protect the environment and their industry
• Implementing the Intelligent Mail® Barcode: Make decisions that are right for your business today and tomorrow
• A Common Sense Approach to Building an ADF
• Communication Intelligence in the Mailstream
• Real-Time Re-engineering Yields Real Results

 

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