frankenstack

Tackling the Frankenstack: Legacy IT Evolution for Insurers

Beware the Frankenstack! As Insurance carriers have tried to modernize their technology over the years, many have ended up with a patchwork IT system. A combination of legacy technologies that have...

GDPR: 3 Essential Strategies for Financial Services

Data breaches are on the rise in financial services, making it the most attacked industry in the world. Financial Services experience 65% more data breaches than average organizations, according to IBM’s...
Customer Engagement

Automate Your Customer Engagement

In a time when everyone wants, and expects, immediate answers to their questions, the pressure is on for businesses when it comes to customer engagement. Enter process automation… Gartner predicts that by 2020...

Insurance Onboarding: The Key to Lasting Customer Relationships 

Loyalty doesn't count for much these days, particularly when it comes to insurance. Our experience with insurance providers has demonstrated that insurers are having to work harder than ever to attract...
wealth management bizagi

3 Ways Bizagi Transforms Wealth Management Organizations

68% of global wealth managers say that keeping up with new technology is the top challenge that they face, according to the Thomas Reuters report, Digitalization of Wealth Management....
legacy policy administration system

Rescue Insurance Policy Administration with AI & Process Automation

Don’t ditch your insurance policy administration legacy system just yet… it can be rescued. Back in the 1970s, the insurance industry led by example. While other industries were struggling to get to...
Bizagi HR processes

5 HR Process Automation Templates You Can Use Right Now

HR managers spend 14 hours each week on tasks that could be automated. This time could be better spent finding, attracting and keeping the best people in your industry...
Banking Fraud Prevention

Banking Fraud Prevention: System Silos Create Gaps for Criminals

84% of companies worldwide experienced a fraud incident last year – that’s an alarmingly high rate. The banking industry is particularly at risk, with the typical organization losing 5%...
Finance process automation

How to Automate Your Finance Processes

As much as you wish your ERP could complete all the work for in your financial department, there are still disparate forms to fill, data to upload, and approvals that need...
insurance claims process

Insurance Claims Process: Don’t Leave Your Customers Waiting  

The claims process is the most important customer touch point in the insurance journey. It’s the crux the entire process and customers expect remuneration promptly. 69% of insurers rated customer experience...

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