Financial Data Management in Insurance
In the fast-paced insurance industry of today, accessing reliable and accurate data is vital both for informing decision-making and meeting regulatory obligations. Yet our research finds that:
- 58% of insurance firms say that differing data formats and manual processes are affecting the quality of their data management
- Almost a quarter of insurers are unsure if their client money processes would stand up to regulatory scrutiny
- 85% of insurers would like to reduce the time spent on the financial close process.
The successful insurers of the future will be those who effectively partner with technology to alleviate these issues and transform their data management. Watch our latest video to discover how AutoRek can help insurers on this journey.
Watch our video to learn more.