The systems we now consider to be 'legacy' (i.e. Excel, COBOL, or VB6) have been heavily relied upon by insurance carriers for decades. For many carriers, these systems are seen as tried, trusted and true. What do you do when these same systems are losing your company money?
In this session, industry experts will discuss how outdated core systems can lead to inefficiencies, inaccuracies and risky processes which cause carriers to unknowingly 'leak' premium they should be collecting. You'll learn where to look for costly premium leakage within your systems, how to avoid claim eligibility issues and how to eliminate revenue loss due to premium leakage. Finally, our panel of experts will provide answers to your questions during a live Q&A.
At the conclusion of the session, attendees will be able to:
• Identify sources of premium leakage within their organization, which result in a direct impact to underwriter margins and influence profit and loss
• Learn about additional workflow inefficiencies caused by legacy systems
• Gain an understanding of modern solutions for premium leakage
• Get expert answers to their questions about premium leakage and legacy systems during a live Q&AThis session is sponsored by FINEOS. |
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