Insurance

All you need to know about standardization, automation, and digitization for the insurance industry!

Have a look at these interesting blog posts, all collected in one spot for your convenience. This industry specific information can be found nowhere else because we’re insurance experts! Find out how to strategically lower costs, increase operating leverage, improve policyholder experience, and automate what previously wasn’t automatable in your insurance company. The Lab is your strategic implementation partner for your endeavor to automate and digitize your operations. Find out how we can do this in weeks rather than months, because The Lab is North America's leading standardization, RPA, and predictive analytics implementation firm!

Processing policy cancellations is an insult-to-injury chore for any insurer: You’ve got to pay your staff to process policyholders who are leaving you. There’s a much better way: Automate this activity, in just weeks, with RPA bots from The Lab. Check out how we can help you do it, in this fast-read article—replete with embedded two-minute video of the bot in action!

Let The Lab help you standardize your insurance knowledge work! Unlock the power of robotics & AI Harness advanced analytics Turbocharge productivity If you’ve been tasked with bringing your insurance knowledge-work...

Your insurance operations have literally hundreds of opportunities for robotic process automation or RPA. Claims, policyholder services... you name it.   You need to get automated, fast. But if you haven’t tried, it can...

This is part 2 of a 4-part-series. Find the other parts here:   Part 1: How to reduce insurance claims leakage—and the loss ratio—via standardization, business intelligence, and robotic process automation (RPA)   Part...

You know that the core of any Insurance operations-transformation effort revolves around the process. Whether it’s an operational process or a customer-journey process, it’s the bedrock for every must-do initiative on your strategic...

Automate new insurance client lead generation at massive scale—pinpoint & cross-sell prospects Prioritized from your existing data plus external demographics Custom-tailored to your agency’s or brokerage firm's...

The Lab’s patented Nano-Scale Standardization™ methodology helps a leading insurer supercharge their automation initiative with robotic process automation or RPA, achieving breakthrough gains in agent sales, operating productivity, and...

Do you really still have people performing these rote, error-prone chores? “Reconciliation” is just a fancy word for “making sure things match.” It’s an essential  cross-checking chore that can be found in all industries. In insurance, you need to make sure that numbers from one source—say a carrier’s commission statement—match those in another—such as your brokerage’s...

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...

  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...

A CASE STUDY IN LOW-RISK, QUICK-HIT À LA CARTE STYLE ROBOTIC PROCESS AUTOMATION IMPLEMENTATION FOR INSURANCE COMPANIES OF ALL SIZES Digitization was the hot trend in insurance not too many years ago, and the efforts continue today....

The Lab’s patented Nano-Scale Standardization™ methodology helps a leading insurer supercharge their automation initiative with robotic process automation or RPA, achieving breakthrough gains in agent sales, operating productivity,...

This is part 3 of a 4-part-series. Find the other parts here:   Part 1: How to reduce insurance claims leakage—and the loss ratio—via standardization, business intelligence, and robotic process automation (RPA)   Part...

This is part 4 of a 4-part-series. Find the other parts here: Part 1: How to reduce insurance claims leakage—and the loss ratio—via standardization, business intelligence, and robotic process automation (RPA) Part 2: Crush...

More