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Insurance Process Outsourcing?

Businesses need to continually show increasing profit in order to remain energetic and viable. Public or private, enterprises are constantly under scrutiny by investors, regulators, or financial institutions. They need to maintain a public image and a an online presence that will continually promote new customers. They need to invest in new technologies to keep up to date with current social trends.

The insurance industry is a prime example of how successful firms, no matter how large or small, can thrive, while others flounder and fail.

In any business the bottom line is the bottom line. There are fixed operating costs that seem to only increase, no matter what you do to reduce them. In the Insurance Industry, here are some prime examples:

Escalating government regulation
Increased administration & compliance costs
The effect of Climate Change on increasing damage claims from fires, floods & hurricanes
Aging populations with increasing medical claims
Rising cost of health care & long-term insurance claims
Huge & increasing product liability claims

These escalating costs don’t seem to have a ceiling. With each year they bump up another 12- 20%. It’s no wonder that Insurance Back Office Process Outsourcing is becoming not just an attractive possibility, but essential to survival in the 21st Century business universe. And if you’re going to use outsourcing, there is just one Insurance BPO to handle everything for you.

Rock Steady Service in a Shifting Landscape!

Our Insurance BPO Services can handle everything your back office does now. But handle it faster, with more accuracy, at a lower cost, using better hardware and software.

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Insurance Back Office Services

Rely Services is the premier Insurance BPO Services firm in the USA. With clients in the Insurance Industry worldwide, we provide a variety of quick and accurate Insurance Outsourcing at affordable rates, making us the perfect choice for any size business in this sector!

Not that any US business won’t benefit from Insurance Outsourcing services, but players in the insurance sector have a lot to gain when they go offshore.

Use an Insurance BPO Provider firm to outsource your time consuming, repetitive tasks that your staff hates, and let your team concentrate on the more skilled functions that you probably hired them to do.

Rely Services can reduce Insurance Operation costs with our exclusive business methods that will:

Update Market Research
Update Prospects
Use AI & Machine Learning for Insurance Data Mining
Experienced & Highly-Trained Professionals Handling Your Account
Error-Free Data Entry Services
Near Instant Data Retrieval
24 X 7 Customer Service
Simplified & Improved Business Process
Reduced Operational Costs
Better Customer Engagement
Creates Time For Revenue-Generating Activity From Your Core Staff

Rely has chosen to specialize in Insurance Back Office Outsourcing because there are huge cost-savings for our clients achieved by our innovation and experience.

With our data entry and retrieval tools, both the blank and completed forms are available to your chosen staff in the blink of an eye. Take the guesswork out of filing and retrieving the huge amount of records generated.

As the Insurance Industry confronts the challenges of increased costs for Claim Processing, UnderwritingServices, reduced demand, Medical Claim Processing, decreased growth in developed markets, and the incredible increase in both the cost and claims in recent climaterelated disasters, cutting operating costs becomes more and more critical. And Outsourcing for Insurance Companies from Rely Services can be key for any size operation.

Insurance BPO Services We Offer

Our Insurance BPO Services can handle everything your back office does now. But handle it faster, with more accuracy, at a lower cost, using better hardware and software. At Rely Services you can outsource insurance claims processing with complete confidence.

Insurance Claim Management

A key part of the insurance policy administration process, claims processing is “the fulfillment by an insurer of its obligation to receive, investigate and act on a claim filed by an insured”. Insurance claims business process outsourcing will free up your staff to concentrate on your core business.

Insurance Data Entry

For insurance purposes, data refers to unstructured and/or structured data being used to influence underwriting, rating, pricing, forms, marketing and claims handling, and to more accurately underwrite, price risk and incentivize risk reduction. Especially critical for health insurance data entry..

Insurance Underwriting Services

Insurance underwriters use computer software programs to determine whether an applicant should be approved. Insurance underwriters evaluate insurance applications and determine coverage amounts and premiums.

Billing and Accounts Receivable Insurance

Insurance Receivable Accounting is created in AFIS to trigger the billing for goods or services provided or in anticipation of the receipt of money. Accounts Receivable generates invoices, statements, or both, to bill customers.

Policy Checking Services

Part of the insurance policy insurance process includes the following: reviewing customer documents and checking for missing/incomplete information, entering/verifying customer and policy details, verification of the details in the quote, proposal, and policy, generating the final policy (insurance policy insurance) based on underwriter's input.

Why Rely Services? Nobody Does it Better

1 Administration Support

All of our methods are available for your inspection. We can interface seamlessly with your standards and practices. We realize that you’re a professional too, and if changing our processes makes you happy, bring it on

2 Flexible Service Model

All our services are scalable, so we always have the resources to fit your needs. And if there are slow seasons for you, we can match the activity level. If your busy seasons are crushing you now, we can ease that burden

3 Multiple Software Support

Our operations are comfortable with all types of software, so if you have a favorite, you can keep it. We’re not shy about recommending an alternative if we think we know of something better

4 Highly Trained and Experienced Staff

We are specialists in providing the quickest, most accurate results in your sector, and we can do it your way or ours. And since our employees are cross-trained in many skills, we can keep your project on track

5 Security

Our security systems are state-of-the-art, our operators regularly trained in being most effective in their roles. We’ve never had a data breach, never had a data loss

6 Error-Free Services

We routinely check and re-check our work, keeping you constantly informed of our performance. Our error rate is less than 0.01%

7 24 / 7 Support

Call, Text, or Email. We’re here. If you need a rush job, or even assistance with something you don’t normally do, we have the people and knowledge that can help

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Insurance BPO

Insurance Process Outsourcing?