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BUSINESS AS USUAL IS NO LONGER AN OPTION

MACROECONOMIC CROSSWINDS HAVE MADE IT TOUGH FOR INSURANCE COMPANIES TO GROW REVENUE IN RECENT YEARS. YOU NEED TO BE MINDFUL OF COSTS, BUT YOU’RE ALSO FACED WITH AN EVER-GROWING VOLUME AND VARIETY OF INFORMATION DISTRIBUTED ACROSS MULTIPLE LOCATIONS, SYSTEMS AND PLATFORMS. FINDING INNOVATIVE WAYS TO UNDERSTAND AND DERIVE VALUE FROM ALL THIS INFORMATION IS CRUCIAL TO YOUR BUSINESS’ SUCCESS.

WHAT DOES THIS MEAN TO YOU?

Regulatory compliance is a given in the insurance industry and demands insurance carriers not only protect and preserve data – physical and electronic – but also prevent against inadvertent disclosures and data loss as well as data breaches. Every day more data, including new claims, policy changes, detailed financial information and other business communications enter your business. Managing it all safely and consistently is a never-ending challenge. More specifically, you’ll need to:

THOUGHTFULLY MANAGE INFORMATION, NO MATTER THE SOURCE
Mergers and acquisitions (M&A) in the insurance industry are on the rise. Acquiring a company or a new business is a major event - and one that can disrupt your information management program. Increased M&A activity means you might not know what information you have or how long you need to keep it. This lack of standardization creates inefficiencies that may negatively impact your ability to gain critical business insights from your information and increases the risk of audits and legal action.

IMPROVE COMPLIANCE PROGRAMS AND GAIN BUSINESS EFFICIENCIES
Regulators are a natural part of the insurance business. If you operate in multiple states, hardly a day goes by when a regulator doesn’t assess your program. Your ability to access your information can be the key to expediting the review. The distributed nature of today’s business environment creates an ecosystem of diverse systems that require the ability to apply best practices as well as record codes and retention policies across your organization.

ACCELERATE DIGITAL TRANSFORMATION
The digital revolution has hit the insurance industry. New digital platforms, online advisory tools and technologies such as big data and predictive analytics, among others, offer insurance carriers the opportunity to redesign the consumer experience, develop new products and services and streamline business processes. But while you innovate, you must also protect your data, regardless of format and location, while also managing risk and maintaining compliance.

ENSURE DATA PROTECTION WHILE MAINTAINING 24/7 ACCESS TO INFORMATION
An increase of natural catastrophic events in recent years is pushing the insurance industry to invest more in backup, disaster recovery and business continuity solutions to safeguard data. As the number of systems generating, storing and sharing information rises, you become more vulnerable to cyberattacks and potential breaches. You need to make sure your data is secure and protected and that you also maintain continued access to vital customer information during peak service times.

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亚博电玩安全仓储及物流

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