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Insurance

Increase your operational efficiency with intelligent insurance business process automation

BPS AND AUTOMATION SERVICES FOR THE INSURANCE INDUSTRY

With unpredictable and uncontrollable external factors, insurance companies must control their risks and ensure that business operations are running efficiently. Evolving marketplace challenges are leading insurance businesses to outsource their non-core business processes to third parties - allowing them to automate their non-human-centric operations.

SPS enables insurers to become digital insurance enterprises. We identify opportunities for automation that streamline manual tasks, improve customer response times, reduce running costs, and enhance service quality. 

OUR SOLUTIONS

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Enterprise Workplace Solutions

Our Workplace Solutions elevate the employee and client experience to drive better business outcomes.

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Customer Communications

Transition seamlessly into the digital era with our trusted omnichannel solution

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Banking, Financial Services and Insurance

Enhance customer satisfaction, optimize operations, and stay ahead of regulations with SPS's outsourcing solutions, offering industry best practice, automated technologies, and access to external specialists.

THE BENEFITS OF AUTOMATION FOR THE INSURANCE INDUSTRY

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Efficient claims processing

Automated insurance processes become standardized, resulting in faster document processing times

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Regulation Compliance

Utilizing software and machine learning to streamline data, thereby reducing errors, and improving compliance.

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Improved Customer Experience

Digital document management and omni-channel customer communication all make for faster claims processing.

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Lower Operational Costs

​​​​​​​By digitizing internal business processes, skilled teams can focus on core competencies and non-human-centric tasks can be automated.

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Higher Profit Margin

RPA software for insurance industries reduces the need for office resources and increases productivity per employee.

DBS KEEPS MILLIONS OF WORKPLACES SAFE IN PARTNERSHIP WITH SPS

  • The challenge: Workplace protection. The Disclosure and Barring Service (DBS) manages a crucial service to ensure the UK’s population is protected,  utilising the support of reliable suppliers – such as SPS.
  • Solution: Secure Processing. SPS processes both DBS’ incoming paper applications and outbound certificates, delivering both from a specialised and secure site.
  • Benefits: 99.9% SLA on over 150,000 annual applications and 7 million certificates each year.

Download our whitepaper and learn more about this case study!

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Case study

DBS keeps millions of workplaces safe in partnership with SPS

Secure processing of 7M+ annual checks ensures safe workplaces. 99.9% SLA consistently exceeded.

2 minutes
09 March 2023

GET IN TOUCH WITH OUR EXPERTS

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THE TRANSFORMATIVE IMPACT OF AI AND GEN AI ON THE INSURANCE INDUSTRY

Gen AI, holds the potential to revolutionize the insurance industry by merging human creativity and ways of interpreting data with artificial intelligence. Unlike traditional technologies, Generative AI goes beyond optimizing existing data. Not only can it infinitely combine data sets, but it also learns from it which is different than other types of automation. With this capability, Gen AI will provide novel and creative outputs for any user. 

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FIND OUT WHAT SPS CAN OFFER TO OTHER INDUSTRIES

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Banking

Banking institutions benefit from our complete end-to-end (E2E) solution.

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Healthcare

SPS facilitates the shift to digital information and document processing in the healthcare sector.

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Legal

SPS provides its clients in the legal sector with a holistic workplace experience