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Month: April 2018

the-cloud

How the Cloud will Revolutionize the Insurance Industry

Once considered nothing more than a futuristic concept, cloud computing has not only become a standard term used among business professionals, it is changing the face of the insurance industry as well as the insurance software vendors who provide it. While most of the information about cloud computing tends to concentrate on how it affects…

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health-care

Insurance Risk Management Software offers healthcare new options for liability

The healthcare industry is rapidly changing and small to medium-sized insurance companies need to keep pace with these changes or risk sinking along with the numbers of small medical clinics with general practitioners that are shrinking in number. A common underlying factor exists for both healthcare and insurance providers and that factor is risk.  …

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insurance-industry

What 2018 Has in Store for the Insurance Industry

New markets and products, shifting regulations, areas of increased risk and the rise of fintech are influencing the insurance industry in 2018. With so many different pieces in motion, it might be difficult to find a common element that’s driving the industry. A close look reveals that the biggest change is speed. Customers expect fast…

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insurance-fraud

The need for data collection with Insurance Fraud Detection

While insurance companies are primarily tasked with risk management in order to grow their businesses and succeed, a focal area of concentration is increasingly that of the risk of fraud. The rise of technology has, unfortunately, provided enhanced opportunities for fraudulent practices both by company staff members as well as those who are insured.  …

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insurance-CRM-software

Why do we need an insurance CRM software?

The business environment for insurance companies is changing, and smaller insurance companies are gaining ground in their efforts to compete with their larger counterparts. There is no question that technological advances in areas such as insurance management software have helped tremendously in this endeavor, but as these companies grow they must have a strategic plan…

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predictive-analytics

Predictive Analytics are bridging the gap between Claim Management demands

Just as underwriting is crucial in acquiring and growing an insurance company’s customer base, claims management is paramount to protecting company assets and smaller insurance companies are leaning on predictive analytics in greater numbers than ever before. Many are utilizing specialized software for insurance companies designed to deliver this type of analytical data faster and…

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CHSI Technologies Named a Top 25 Insurtech Company for 2018

Selected from more than 100 technology providers, CHSI is recognized for best-in-class solutions. HENDERSON, Nev. (PRWEB) April 18, 2018 CHSI Technologies Inc., a provider of enterprise-class insurance software for small insurance operations, is pleased to announce that it has been recognized by CIO Applications Magazine as a Top 25 Insurtech company for 2018. This marks…

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saas-software

How SaaS is securing insurance software and your company

As the business environment continues to change for small and medium-sized insurers, the need to migrate towards better implementation of products and services is ever increasing. One platform that is gaining in use among these types of insurers is Software as a Service or SaaS.   At first glance, it is easy to assume that…

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10-reasons-SaaS

10 Facts why technology is Buzzing about SaaS

A new term is generating a stir in the realm of insurance technology and that is SaaS, also known as Software as a Service. To illustrate, below are 10 facts as to why SaaS is buzzworthy for insurance companies and their risk management systems.   SaaS is web-based Companies who choose SaaS can run their…

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cloud-insurance-software

Why a cloud-based insurance software is your future

While managing risk is a key component of the insurance business, unfortunately, many smaller insurance companies may not be giving sufficient weight to the risks of obsolete or inefficient technology. Using outdated legacy software can not only be burdensome to the company’s bottom line, it can allow competitors to gain a significant advantage in application…

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