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Workflow-Insurance-Software

Gathering information, assessing risk, pursuing leads, nurturing clients and collaborating with colleagues are all elements of a typical workflow. For small insurance organizations and public risk pools, the amount of time and energy spent on each key component will differ, which is why SaaS software packages are convenient and cost-effective. In addition, SaaS insurance management software streamlines these processes by integrating them into one seamless...

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Insurance-Claims-Streamlined

While most small to medium-sized insurance companies understand that the heart of profit margins lies within sales, they should never make the mistake of underestimating the value of efficient, equitable and streamlined claims processing. The steps involved in claims processing, while largely standard between companies, can and should be regularly monitored by company management in order to make sure that customers' needs are being met while...

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Second-largest self-insured group (SIG) in Virginia chooses CHSI’s Connections™ cloud-based suite of configurable core systems software. Henderson, NV--November 18, 2017 - CHSI Technologies, Inc., a provider of enterprise-class insurance software, is pleased to announce that the Virginia Automobile Dealers Association (VADA) Group Self-Insurance Association (GSIA) is implementing CHSI’s Connections™ cloud-based suite of configurable core systems software. As the second-largest self-insured group (SIG) in Virginia, VADA GSIA provides...

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Risk-Management-Insurance-Software

  Small-to-medium insurers who are looking to streamline their operations, increase sales and grow their businesses no longer have to use outdated and overpriced technology to stay competitive.   There is a relatively new platform for risk management software on the block and it can make all the difference in leveling the playing field for smaller insurers. It is "Software as a Service", also known as "SaaS", and...

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Insurance-Software-Saves-Cost

Like it or not, self-insured groups, municipal risk pools, Workers' Comp carriers and other small to mid-size insurance organizations all compete with billion-dollar insurance carriers while working within a much smaller budget. Insurance management software can save on in-house costs by streamlining workflow and increasing efficiency. A competitive edge is maintained without incurring higher costs. Here are a few ways that works: Minimize IT Costs Cloud-based insurance...

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Customer-Relationship-Building-With-CRM

Consumer reports indicate that insurance customers, both consumer and commercial, increasingly want to understand the policy and protection they are purchasing, and they want to trust the company who is selling it to them. To build trust, insurers, and their agents, needs to provide a clear, easy to understand, yet thorough answer to consumer. In other words, transparency.   A starting placing for journey is customer relationship...

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Henderson, NV – November 9, 2017 – CHSI Technologies Inc., a provider of core enterprise-class software, has been named by CIO Applications magazine as one of the Top 25 Insurance Technology Companies in 2017.  The award is based on an evaluation of CHSI Technologies’ Connections™ suite of hosted insurance practice management solutions. Featured in CIO Applications’ November issue, the media firm noted CHSI’s ability to provide...

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large-insurers-look-to-technology's-ability-to-increase-productivity

Open workflow, minimal error, good underwriting, and expedient claims closure are a few of the major goals of any insurance organizations. For most insurers, technology plays an important role in achieving these goals.  Additionally, large insurers look to technology's ability to increase productivity, automate routine tasks, and maintain client loyalty though ease of online access and on-demand, self-service options. However, many small insurers are still behind...

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Self-Insured Workers' Comp

Different states have different requirements for workers compensation insurance. If your business is located in a state that permits self-insured workers’ comp, either stand-alone or group self-insurance, then you might consider one of these options, especially if your business has strong cash flow and manageable risks. Here are some reasons why self-insured workers’ comp could be a good fit for your business as well as...

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Best Risk Management Practices

Risk management involves identifying, measuring, and managing different types of risk within the operations of a company. It is not, necessarily, about eliminating risk altogether. Since insurers make money by properly managing risk and capitalizing on industry market opportunities, risk management is a process that needs to be continuously developed and practiced by insurers. However, risk management poses a special challenge for small to medium-size insurers.,...

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