Top RPA solutions for insurance

RPA and process automation solutions for insurance

We automate repetitive and time-consuming insurance processes with the help of software bots, so you can focus on tasks that matter.

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See RPA for insurance in action!

RPA and process automation for insurance

We automate repetitive and time-consuming insurance processes with the help of software bots, so you can focus on tasks that matter.

Get in touch
RPA for insurance
See RPA for insurance in action!

5/5 Clutch vetted

What RPA can do for insurance?

Data and documents management

Process enormous amounts of data in no time and eliminate human errors. Move the data automatically between systems, CRMs and other tools or databases you are using.

Integrating internal, external, and legacy systems

RPA software can be easily integrated into existing systems, and enable communication between them.

Claims processing and management

According to McKinsey, automation of claims processing can yield the biggest impact on insurance providers’ bottom lines. Learn how it can be done.

Learn more

Underwriting and risk assessment

Collect unstructured data from internal and external sources automatically. So, you’re able to determine risks and get clients the appropriate rates faster and without any errors.

Integrating internal, external and legacy systems

RPA software can be easily integrated into existing systems, and enable communication between them.

RPA bots can emulate all the repetitive tasks performed by insurance workers with the mouse and keyboard:

  • 34%

    of time needed for insurance claims processing can be saved with RPA (UiPath)

  • 38%

    of US insurers are already using the Robotic Process Automation (Gartner)

  • 50%

    average productivity gain across insurance units (McKinsey)

Robotic Process Automation for insurance – what is there to gain?

Learn more about RPA

The insurance industry is a perfect playground for implementing process automation. Companies worldwide have been utilizing Robotic Process Automation to achieve more while spending less.

Simplifying claims processing

RPA technology allows bots to gather data from several systems and put it all together in one place, making claim processing much easier and faster.

Rapid cost reductions

Cut down your costs and free up financial resources, so you can reinvest, grow your business or provide more attractive hiring arrangements for your employees.

Higher staff retention and satisfaction

Keep your employees and physicians away from dull, mundane work and let them focus on tasks that bring value for your clients and company as a whole.

Better customer experience

The impact of RPA on customers is twofold. People receive answers to their claims faster, and insurance agents are able to devote more time to clients.

Streamline data processes and boost their accuracy

Run your data processes more smoothly, and faster with RPA. Unlike human workers, RPA bots execute data entry 24 hours a day with no interruptions or errors.

Simple integration of various systems and software

Bring digitalization to your company easily by integrating Robotic Process Automation. It handles the challenges of system updates and makes integration of the new much easier because it is consistent with legacy systems.

Read how we automated document processing in the insurance company:

How to process over half a million insurance documents and finish the job 4 weeks before the deadline

Ayr Farmers Mutual: Process over half a million insurance documents in 4 weeks

How to process over half a million insurance documents and finish the job 4 weeks before the deadline.

Read the case study
How to process over half a million insurance documents and finish the job 4 weeks before the deadline

Pain Treatment Centers of America: automating insurance processes with an army of bots

How we automated insurance claims processing, freed up 4FTE per month and achieved 100% ROI in 23 days

Read the case study

Get a trial automation of one of your processes

Not convinced if Robotics Process Automation can bring change to your business operations?

Let us build a small, trial automation of one of your processes, if you don’t like it, you won’t pay a dime!

Request trial automation
RPA technology allows bots to gather data from several systems and put it all together in one place, making claim processing much easier and faster.
Cut down your costs and free up financial resources, so you can reinvest, grow your business or provide more attractive hiring arrangements for your clinicians.
Keep your employes and physicians away from dull, mundane work and let them focus on tasks that bring value for your patients and company as a whole.

The impact of RPA on customers is twofold. People receive answers to their claims faster, and insurance agents are able to devote more time to clients.

Run your data processes more smoothly, and faster with RPA. Unlike human workers, RPA bots execute data entry 24 hours a day with no interruptions or errors.

Bring digitalization to your company easily by integrating Robotic Process Automation. It handles the challenges of system updates and makes integration of the new much easier because it is consistent with legacy systems.

Why Flobotics for insurance RPA development?

Why Flobotics for insurance RPA development?

Cost-effective automation

Thanks to our competitive rates we can build cost-efficient RPA automation and maximize your ROI starting from the development phase.

Top RPA consultants

Our RPA consultants are only sourced from the “Big Four” of accounting: EY, PwC, Deloitte, and KPMG, with a proven track record of RPA delivery.

End-to-end business support

RPA development is only a part of what we do. Our main goal is to improve your bottom line and streamline your processes.

We will work with all your apps and systems

Robotic Process Automation is our passion and core competence. We do what we do best – automate repeatable processes and build unbeatable robots!

  • 5/5

    Clutch review based on 21 reviews

  • 350%

    Average ROI increase from a single automation

  • 100+

    Successful RPA implementations

Try out insurance automation.

Bring Robotic Process Automation to your company.
Let us know what are your needs and challenges and we’ll build a free RPA demo solving one of them.

Request a free automation
Get in touch

RPA in Insurance

Insurance Challenges

Insurance is a vital industry that faces a number of challenges, including rising costs, legacy systems, and a resource crunch. These challenges can lead to difficulties for insurance companies, especially when it comes to maintaining profitability and growth. However, RPA in insurance can help address many of these problems and provide an opportunity for growth and development.

What insurance processes can be automated?

Robotic Process Automation for insurance (RPA in insurance) is a technology that can automate a wide range of insurance processes. RPA, when done by real experts, can automate claims processing, underwriting, call-center support, registration form handling, policy administration, process and business analytics, and product innovation. These processes can be automated by using software robots that are designed to perform specific tasks, such as data entry and workflow management. This can help reduce costs, improve efficiency, and increase accuracy.

Let’s see what specific processes can be improved with Robotic Process Automation.

By automating the data entry and workflow management aspects of claims processing, RPA improves processing speed, tasks are carried out on time and in an orderly sequence. Faster claims processing leads to improved customer satisfaction and loyalty.

  • Underwriting

It’s another process that can be greatly optimized by Robotic Process Automation in insurance. RPA computerises the entire process of data collection from both internal and external sources. Hence, significantly reducing the time consumed for underwriting. Additionally, automation can help improve the accuracy of this insurance process.

  • Call center support

RPA can automate the data entry and workflow management aspects of call center support to help reduce the time and resources needed to handle customer inquiries. Bots can quickly aggregate customer and product information, enhance employee collaboration and increase policyholder retention.

  • Registration form handling

RPA bots allow insurers to automate the process of registration forms handling and direct the information into the appropriate work-streams. Which increases accuracy and data quality, leaving no room for human errors.

  • Policy administration

RPA automates administrative and transactional parts of insurance processes such as settlements, accounting, risk capture, tax, regulatory compliance, credit control, and others. Focusing on more complex front-office functions employees get more satisfaction which leads to a better customer experience.

Still in doubt?

Many insurers have fears and blockers regarding automation, such as the availability of technical skill sets, concerns that the technology is not important to their business strategy, and concerns about the return on investment (ROI). However, these fears are often unfounded.

For example, when it comes to the availability of technical skill sets, many RPA providers offer training and support to help insurers acquire the necessary skills. Additionally, many insurance companies are already using automation technologies such as RPA to improve their operations.

Another common concern is that RPA is not important to a company’s business strategy. However, automation can help insurers improve efficiency and reduce costs, which can ultimately lead to increased profitability and growth. Additionally, with the rise of insure-tech and the increasing use of digital technology in the insurance industry, automation is becoming an increasingly important aspect of insurance operations.

Finally, some insurers are hesitant to invest in RPA because they are uncertain about the ROI. However, many insurance companies have seen significant returns on their RPA investments, including cost savings, improved efficiency, and increased accuracy.

Conclusion

At Flobotics, we provide various kinds of RPA insurance automation & process automation consultation. We hire top automation experts with an impressive background and understanding of industry-relevant processes. We have a solid experience in automation processes in insurance and would be glad to boost your company’s productivity.

In conclusion, automation can help insurance companies address the challenges they face and provide an opportunity for growth and development. Robotic Process Automation (RPA) is one such technology that can automate a wide range of insurance processes. Our developers and consultants can help you in understanding the industry-relevant processes and how automation can help improve your business. Reach out to us to know more about how we can help your company.

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