What are the Benefits of RPA in insurance Industry?

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Top benefits of RPA in Insurance industry are:

Processing Time - 70% reduction in processing time & 30% faster response to eligibility requests. Zero errors in the daily migration of records between systems along with Increased customer satisfaction ratings

Application Integration - Automating the legacy system by integration resulted in bringing data from various systems onto a single platform, thus connecting all the core systems

Reduced Time - Productivity improved significantly due to reduce in processing time

Regulatory Compliance - Complex regulations meets requirements specific to geography, products, and line of business. Has the ability to manage and quickly change as per the rules.

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What are the Benefits of RPA in insurance Industry?