Insurance companies are faced with fierce competition, price wars and an increase in claims. As the market reaches its peak, especially within motor insurance, companies are desperate to retain customers and reduce the cost of doing business.
Motor insurers know that the cost of claims is expected to escalate in the next few years; mainly relating to personal injury due to higher medical costs and a change in legal direction, which makes it easier for accident victims to sue.
Because of these factors, financial organisations are desperate to increase productivity and reduce costs.
PacSol offers a suite of products, which encompass Document Management, Workflow Management, and Form Management solutions. Our technology enables you to:
- Locate information easily and quickly across your organisation
- Save time whilst increasing efficiency and productivity by storing documents centrally on the network
- Create a paperless office