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Industry: Email Alert RSS FeedStudy: 'corporate cholesterol' costs millions
Risk & Insurance, Sept 15, 2004
Inefficiency in the property and casualty insurance industry is costing insurance organizations millions of dollars each year, a study by Exigen Group reveals. The study reports that by cutting back on duplication and a dependence on paper when dealing with claims and customer inquiries, insurance companies could save as much as $16 million for every $1 billion in revenue.
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