Lean principles in insurance: Insurance process improvement with a Lean Six Sigma Transformation Project

Categories: Cost Reduction, Cost Reduction Strategies, Lean Insurance, Lean Principles in Insurance, Reduce Insurance Loss Ratio, Reducing Insurance Operating Costs
If you’re running a life insurance business, there are only so many operating costs you can cut, right? Or there are only so many productivity gains you can wring from the resources you have left, right? Wrong. The very notion that you have to choose between reducing insurance operating costs and increasing productivity is what …
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