Insurance Business Continuity in Corona

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Ensuring Insurance Business Continuityin Corona
Outbreak
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• Battle of Corona
• Business Continuity Measures
• Role of Insurance Industry
• Remote Access
• Claims Management
• Meeting the High Demands
• Immediate Response to Customers in need
• Conclusion

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Table of Contents
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Battle of Corona
WHO declares Covid-19 as a pandemic.
World comes together to contain Covid-19 that got
transmitted from the epicenter of Wuhan, China to
the whole world.
United States of America witnesses a sharp
increase in the number of positive cases of
Covid-19, commonly known as corona virus.
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Business Continuity Measures
Every industry is facing losses, as a result, all
the businesses are considering it imperative to
push working remotely.
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Role of Insurance Industry
Their business offerings are the need of the hour
for affected patients.
The Insurance industry has an important role to
play in this situation of panic.
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Here comes the ROLE OF INSURTECH to keep up
business as usual with the help of Insurance
Software even while working remotely
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Remote Access
Insurtech software gives easy remote access for
tasks like documentation and policy management by
Digital Documents Repository
Policy Management System
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Claims Management
The challenge of managing a huge number of claims
is balanced with the help of
Proper Fraud Auditing
Reducing Approval Time
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Meeting the High Demands
With the Insurance software, Insurers can also
balance the upsurge of the demands in processes of
Lead Management
Insurance Sales
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Immediate Response to Customers in need
By an easy-to-use mobile application, customers
can use it to save time in situations of
emergency for
Claims Registration
Automated Approval
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Conclusion
As the Corona virus hampers businesses across the
globe, the critical role played by the insurance
industry cannot be compromised. Therefore,
Insurers need Insurance Software to keep up with
the call to action for business continuity
measures in Corona outbreak.
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