An Easy Button for Claims Process Optimization? You bet.
According to McKinsey & Co*, operations and IT account for more than half of P&C insurers’ cost base. Claims processing – the core of your service delivery capability — is a huge chunk of that cost. Can you see what’s really happening in 100 percent of your claims processing operations today? You can, if you want to.
Timeline Process Intelligence is the “Easy Button” that shows you exactly how your processes really execute – enabling you to understand the underlying causes of poor cycle time performance, leakage, or policy compliance.
*McKinsey & Co 2014 360° Insurance and Asset Management Report