by Collective Team | Nov 14, 2023
Amid ongoing staffing shortages and a tight labor market in the insurance space, the gig economy is becoming increasingly relevant as temporary workers or “temps” take on a growing role in the industry’s workforce. Temps can help insurers meet...
by Collective Team | Nov 10, 2023
In the ever-changing insurance industry, insurers are constantly seeking out new ways to optimize performance and improve operational efficiencies. As the space grows more policyholder-centric, insurers need to be strategic with how they stand out from their peers and...
by Collective Team | Nov 10, 2023
Insurers looking to boost operational efficiency and identify areas for cost savings often turn to outsourcing. While there are many insurance workflows that can be outsourced, the First Notice of Loss, or FNOL process, is one of the most common. Outsourcing the FNOL...
by Collective Team | Nov 4, 2023
Outsourcing insurance processes has been growing in popularity across the industry. From underwriting to claims management, nearly every part of an insurer’s back-office operations can be outsourced to a qualified team of experts without any compromise to...
by Collective Team | Oct 25, 2023
Outsourcing non-core activities is an increasingly common practice throughout the insurance industry. While outsourcing often comes with benefits like cost savings and better operational efficiency, one of the biggest advantages of partnering with an insurance BPO...