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Robotic Process Automation: The Power of Automation in Insurance

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WORKING WITH THE RIGHT PARTNER For the implementation of RPA to take place seamlessly, companies need to engage experienced technology providers that have A.) the right technical know-how and B.) experience within their industry and/or discipline (e.g., risk and insurance or claims administration). When discussing RPA with a potential client, Jarrod Albert, Senior Manager, Automation and Integration, at Ventiv Technology, explains the process: "We have a conversation with the client and work out which tasks are automated and which processes are variable. Many Internet applications can be automated with RPA, including legacy applications. Office applications like Microsoft Windows or Acrobat can be automated with RPA, too." Albert adds: "There are technical details involved with creating these processes people don't always grasp until we get started, such as exception handling, testing, and training. With our domain experience in risk and insurance and claims administration, we are building a catalogue of processes that's letting us deploy RPA faster in our areas of expertise. And, of course, after implementation, we are on hand to help at all times." When implementing RPA, it is important for companies to consider: > Technical details > Gaining management and cross-departmental approval > Infrastructure > Exception handling > Training > Integration with business rules engines > Monitoring > Security > Legacy systems > Integration with third parties > Ongoing support > Employee training > Future development and goals

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