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Roque Martinez – How SmartStream Is Helping The Insurance Industry
Roque Martinez, CTO at SmartStream RDU, provides his insights into how SmartStream is actively providing help to insurers within the industry throughout its ongoing changes.
SmartStream RDU (Reference Data Utility) delivers comprehensive reference data management solutions to financial institutions, ensuring data accuracy and regulatory compliance for efficient operations.
“What insurance companies have to realise is that the technology will help them handle their premiums better, because they don’t have to have armies of people typing in all kinds of policy changes, all kinds of addendums to policies, and then keep track of every payment.”
“A lot of it is done through older technology, or people. So by focusing on using technology to process those payments faster, process those changes to policies faster, using natural language processing to understand what state you’re in … Doing that through a computer saves you people, saves you time, and actually allows you to get revenue faster.”
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