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Corona pandemic scares the businesses to work remotely, insurers need to keep up Business Continuity measures with InsurTech software solutions. <br>Read More: https://medium.com/@suryachoudhary383/ensuring-insurance-business-continuity-in-corona-outbreak-6a8993347ef7
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Battle of Corona • Business Continuity Measures • Role of Insurance Industry • Remote Access • Claims Management • Meeting the High Demands • Immediate Response to Customers in need • Conclusion 1 2 3 Table of Contents 4
Battle of Corona WHO declares Covid-19 as a pandemic. World comes together to contain Covid-19 that got transmitted from the epicenter of Wuhan, China to the whole world. United States of America witnesses a sharp increase in the number of positive cases of Covid-19, commonly known as corona virus.
Business Continuity Measures Every industry is facing losses, as a result, all the businesses are considering it imperative to push working remotely.
Role of Insurance Industry Their business offerings are the need of the hour for affected patients. The Insurance industry has an important role to play in this situation of panic.
Here comes the ROLE OF INSURTECHto keep up business as usual with the help of Insurance Softwareeven while working remotely
Immediate Response to Customers in need • Claims Management • Remote Access • Meeting the High Demands
Remote Access Insurtech software gives easy remote access for tasks like documentation and policy management by Digital Documents Repository Policy Management System
Claims Management The challenge of managing a huge number of claims is balanced with the help of Proper Fraud Auditing Reducing Approval Time
Meeting the High Demands With the Insurance software, Insurers can also balance the upsurge of the demands in processes of Lead Management Insurance Sales
Immediate Response to Customers in need By an easy-to-use mobile application, customers can use it to save time in situations of emergency for Claims Registration Automated Approval
Conclusion • As the Corona virus hampers businesses across the globe, the critical role played by the insurance industry cannot be compromised. Therefore, Insurers need Insurance Software to keep up with the call to action for business continuity measuresin Corona outbreak.
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