24th August 2022
One of the fastest-growing insurance outsourcing services, which has evolved over time, is the channel movement. Insurance channel refers to agents who work on behalf of the insurance companies to serve their customers, as "captive agents". This blog will give you more details about insurance outsourcing services.
An insurance company outsources some business operations to third-party service providers through insurance business process outsourcing.Companies that use an insurance BPO may focus on core competencies after outsourcing back-office activities such as:
Processing of claims
New commercial service.
Management of commissions