Executive Opinion: Pick Up The Pace Of Underwriting With BPM

By Jim Thumma, Optical Image Technology

Recycling — reusing an item for the same (or a new) purpose — is vital as society seeks solutions for sustainable living. Yet for insurers, the greatest potential for recycling lies in the meaningful reuse of important information. Consider the information you collect from policyholders and others, and how many decisions are contingent on what they supply. How can you extract more value from what you have?