8 Cost-Effective Ways Insurance Agencies are Staying Competitive

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Speed Up Claims Processing

Speed Up Claims
Processing

Delays in claims handling are the number one consumer complaint against insurers, according to the National Association of Insurance Commissioners (NAIC). Processing new policies is also a pain point. What’s more, the longer it takes to process a claim, the fewer claims your insurance agents can handle—and that lost time is lost productivity. Find out how you can speed up claims processing by making document access 50% faster.

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Increase Customer Satisfaction

Increase Customer
Satisfaction

As more customers do business with you via web and mobile apps, their relationship with your organization changes from phone to user interface. Not surprisingly, they lose patience when apps and web transactions lag. How do you prevent that kind of poor user experience? Learn how  your company can improve digital user experience with faster ways to display documents onscreen.

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Meet Compliance Regulations

Meet Compliance Regulations

With the Sarbanes-Oxley Act (SOX), being in compliance is on the radar of everyone in the insurance industry. Because insurance is a document-centric industry, developing best practices for documents is critically important to ensure your organization’s information is compliant. Discover how your insurance company can create a smart, compliant archiving strategy.

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Protect Personally Identifiable Information (PII)

Protect Personally Identifiable Information (PII)

In 2019 the ITRC reported that hacking was the most used method of breaching data, with 577 data breaches resulting in 15.3 million records exposed. To keep customers’ trust, your insurance organization needs to secure PII. The best way to handle a large repository of documents that need to be secured is via automated redaction. This kind of solution needs no user intervention to quickly remove PII from millions of documents. Learn how you can keep customers’ trust by securing PII.

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Implement Smarter Migrations

Implement Smarter Migrations

It can take days, even weeks, to move terabytes of documents from on-premise systems to a cloud-based environment. This can be costly and cause painful transition processes, as users can’t update the old or new systems. Learn how to leverage advanced document compression to reduce the amount of content you need to migrate by as much as 50%.

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Improve Email and Upload Pain Points

Improve Email and Upload Pain Points

Agents face problems and spend more time working with large file sizes that need to be sent over email or uploaded into a private portal. There are, however, easy yet overlooked ways to ensure your employees can help customers move more quickly and smoothly through processes. Discover how to reduce upload times by 50% and speed up email efficiency via Advanced Document Compression.

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Standardize Content for Easier Management

Standardize Content for Easier Management

It’s tempting to store documents in their original file format, but this may put your organization at risk for a variety of issues. These include file format compatibility problems and importing viruses or documents with active content unintentionally. Find out how to standardize your documents to PDF/A as part of your migration to ensure compatibility and prevent viruses or active content from entering your cloud-based systems.

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Reduce Cloud Egress and Storage Costs

Reduce Cloud Egress
and Storage Costs

Every time your employees access documents in the cloud, your host charges you egress fees that are frequently overlooked when calculating cloud hosting ROI. Smarter ways to manage these hidden costs can make a positive impact on your bottom line. Discover how reducing file size via advanced document compression can help your organization reduce cloud storage costs.

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Enterprise Solutions for Your Organization

Document Transformation Services (DTS) is enterprise-class conversion and compression technology which integrates with document systems to improve business efficiency, ensure compliance, protect PII, reduce cloud storage/egress costs.

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  • Speed up file transfer and open times by making files 50% smaller
  • Convert born digital and image files to searchable PDF
  • Compress files to PDF to meet email or upload size limits
  • Redact Personal Identity Information (PII)
  • Add watermarks, headers, footers
  • Improve image quality by scanning in high resolution and in color without increasing file sizes
  • Integrate document conversion as a service via restful web services APIs with your business applications

Request more details and learn how our enterprise solutions can help your organization.

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