RPA with AI capability can analyze large volumes of data and deal with exceptions and translate them into insights to take actions. RPA can go beyond just cost reduction and efficiency by adding significant value to businesses with personalization and higher degree of self-service.Thus, numerous insurance agencies worldwide are focusing on intelligent automation to streamline their business procedures and enable them to attend new customers and focus on growing business.
Processes which RPA can Automate in Insurance Industry
Claims Registration and Processing
Process and Business Analytics
Policy Admin and Servicing
Sales and Distribution
Finance and Accounts
Integration with Legacy Applications
CNO FINANCIAL GROUP
RPA LEADS TO INCREASE OF PRODUCTIVITY: SAVES CNO 3000 HOURS AND $2.2M EACH YEAR
3000 hrs Of agent license processing saved
80% Of claims flow through RPA bots
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