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Benefits of Insurance Business Process Outsourcing in 2024 | FBSPL

The insurance industry is complex and constantly evolving, making it difficult for insurers to adapt to the latest trends and technology. By outsourcing specific processes, insurance companies can focus on their core competencies and leave the rest to a team of experts. It allows them to remain flexible in an ever-changing market and better meet customer needs. Many business processes can be outsourced, but the most common are underwriting, claims processing, policy management, customer service, and COI (Certificate of Insurance).
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