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Hyper-personalization: A key for enhanced customer experience

In a rapidly evolving business environment, the age-old term “customer is the king” is getting further reinforced. Generic customer segmentation and mass marketing campaigns are passé as the modern-day discerning customers look for tailor-made solutions based on individual preferences. A study [1] revealed that 80% of consumers are more likely to purchase from a brand that provides […]

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Choosing Processes for Robotic Process Automation – An Insurance Leader’s Guide

The insurance industry has traditionally been considered a laggard when it comes to adoption of digital technologies and automation, compared to their banking and financial services cousins. Low frequency of customer contact, limited product innovation, reliance on complex legacy systems and tight regulations have often been cited as reasons for this. However, in the last

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Hyperautomation: Are Insurance CTOs Ready for It?

Insurance industry is highly process-centric and requires insurance companies to monitor their business processes closely for efficiency, accuracy and costs. This is the reason why most of the Insurance companies are automating their processes using Robotic Process Automation (RPA) and other technologies. Even though repetitive tasks are being automated, there’s a gap between the expected

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