Why Use a BPO Service Provider to Expand Your Reach?

BPO Service is Outsourcing - Insurance Industry

The insurance industry is known for being hyper-competitive. Many well-known and well-established companies compete in the industry and staying on top is a constant challenge. To perform at your best you have to make use of all the tools available to make your work more efficient and responsive to customer needs and industry changes. One way to streamline daily tasks is to make use of insurance BPO services which can improve the services you provide and help you grow. A BPO service or Business Processing Outsourcing refers to hiring an…

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FEMA unveils NFIP Risk Rating 2.0 with potential for cheaper flood insurance

NFIP Risk Rating 2.0 - Piggy Bank - Savings

The Federal Emergency Management Agency is promising reduced rates for its policyholders. The Federal Emergency Management Agency (FEMA) has unveiled its NFIP Risk Rating 2.0 pricing strategy. This is an update to the way it calculates its National Flood Insurance Program rates for its 5 million policyholders. FEMA promises that many homeowners will see a reduction in their premiums. The new NFIP Risk Rating 2.0 strategy will mean that about two out of every three older homes will see a reduction in their premiums, according to FEMA. At the same…

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