This catalog contains over 300 KPIs. But which ones are the “Super KPIs” for your company? Key performance indicators (KPIs) are essential for monitoring, managing, and profitably growing your organization. Yet there are lots of life insurance KPIs. This catalog, compiled by The Lab, contains more than 300. That certainly seems overwhelming. Where do you …
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Answer: Tons more than you might think! You’ve probably heard a lot about business-intelligence, or BI, analytics. It’s also known as “advanced analytics” or simply “dashboards.” If you work in insurance, specifically property-and-casualty (P&C) claims, you need to know all about BI analytics. Whatever you’ve heard about BI analytics for P&C claims, it pales compared …
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This is part 1 of a 4-part-series. Find the other parts here: Part 2: Crush Policyholder Services Costs & Turbocharge Customer Experience Part 3a: Digitization For Insurance Companies: Reduce Operating Cost and Multiply Effectiveness With RPA Part 3b: Slash P&C Insurance Costs & Multiply Effectiveness With RPA Minimizing claims leakage, defining the solution, …
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