Applications, proposals, administration and change forms, annuities, insurance applications, supplemental medical and claims settlements — to say the least, the insurance industry is paper-intensive. And each of these tasks involves the review and evaluation of reams of data and documents. Even when a claim is settled, it often results in more paper.
Handling that much paper is labour-intensive and risk-laden, and it’s also extremely expensive — from the printing and storage of forms, to the creation, monitoring, processing and archiving of claims, cheques and a myriad of customer related documentation. Agents, producers, brokers, customer service representatives — everyone in the industry — can reduce costs and make better use of their time. BancTec can manage all those non-core business processes.
Whether you need help with claims processing, account openings, accounts payable, claims payment, mailroom automation and even converting all that paper stuck in storage, BancTec has solutions that are unique to the insurance industry to help you to:
- Save money by eliminating paper
- Get the right information to your agents wherever they’re located
- Store policy documents together in a secure format
- Improve customer services by providing instant access to records
- Deliver claims payments electronically
- Provide end-to-end automated accounts payable solutions
We offer Solutions for ...
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- Account Origination — With BancTec’s account opening services, insurance data can be captured more accurately, accounts managed more efficiently and applications approved more quickly.
- AP Automation — BancTec’s unparalleled suite of processing solutions allows you to more-efficiently manage your AP function while dramatically reducing costs and improving productivity.
- Claims Processing — BancTec’s outstanding solutions and services automate the process — improving collection practices and significantly reducing administrative tasks.
- Image Capture & Archive — BancTec’s document imaging and archiving solutions provide instant access to all your forms and insurance documents for producers, brokers, agents and adjusters — no matter where they are. BancTec has even developed mobile solutions for loss adjusters and risk assessors to capture information remotely.
- Inbound Mail Processing — BancTec has a long history of providing solutions that transform paper-based mailrooms into a centrally managed and optimised digital operation for the most post-intensive organisations in the world.
- Payment Processing — Our extensive knowledge base and expertise makes BancTec the best partner for cheque clearing and remittance processing outsourcing solutions.
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Serving several of the world’s most prominent global enterprises, in 50 countries.
+46 (0)8 744 75 00
Call now, see how our customized solutions fit your business needs, not ours.