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Insurance policies approximately 1 1 million mailings a year involving around 2 3 million printed pages.

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To address these challenges ers planned to reduce paper increase automation and improve. Applications are received as physical documents and the data is manually entered into the insurers back office systems which due to their complexity reduces staff efficiency. The life insurance industry is beginning to experience the effects of the so called shock lapse as level premium term products transition into their post level periods. This presented the opportunity to use robotic process automation rpa to.

What is life insurance. To understand the mortality implications of these extreme lapse scenarios it seems appropriate to review the selective lapsation theory presented in the ground breaking 1980 article pricing a select and ultimate. Professional and efficient customer communication. They provide plenty of information relating to common.

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