Robotics & AI can transform business
Thursday, 10 26 2017, Category: Technology, Country: World
Robotics process automation (RPA) has the potential to transform the insurance industry by freeing up resources, reducing turnaround time in operations and improving overall accuracy across many manually-driven functions of the insurance lifecycle, Justin Davies, vice president and regional head of EMEA at Xceedance, told Baden-Baden Today.
According to Davies, RPA can be interpreted as an effective ‘virtual resource’ in that it performs repetitive, rule-driven tasks, directed by software and existing applications.
Source: Intelligent Insurer