How health insurance is changing the course of the industry
The insurance industry has been impacted by the global pandemic in a manner similar to any other industry but through innovation the health insurance as a class of insurance has managed to rise from adversity. In Sri Lanka, insurance was
Medical claims management in a global pandemic
Sri Lanka’s insurance industry is highly agile and innovative. During the early stages of the pandemic outbreak many players modified their product offerings to include Covid-19 coverage thereby becoming one of the first industries to successfully adjust to the ‘new
Petty cash reimbursement made easier
More often than not, managing petty cash is an accountant’s worst nightmare. If not settled on time, petty cash transactions accumulate making the processing of same a rigorous and time-consuming affair. Especially for small scale businesses not managing petty cash
Work From Home and Digitisation
In Sri Lanka and the world over, the corporate landscape changed rapidly over the past two years due to the Covid-19 pandemic which established ‘Work From Home’ (WFH) as the status quo
PETTY CASH MANAGEMENT MADE SIMPLE
The demand for digitalized services surged as a result of the Covid-19 pandemic restricting contact and travel. Locally as well as globally, organizations resorted to virtual platforms to ensure continuity of businesses notwithstanding the challenges posed by the unprecedented global
Can Digitalization Help Insurance Industry in Bangladesh Thrive?
Bangladesh is one the fastest growing economies in South Asia with a GDP growth rate of 8.2% in 2019. Even against the context of a global pandemic, the country has managed to thrive due to its proactive response against Covid19
Digitalization to Boost Biz in Bangladesh
Bangladesh is one of the pioneers in the South Asian region to embrace and extend digitalization to all areas including commerce, education & governance. According to the country’s Minister of Post, Telecommunication & information technology, Mustafa Jabbar: “All commercial activities
Workflow Digitalization: Growing the Medical Claims & Insurance Sector
Bangladesh is a South Asian nation that has witnessed significant progress in a number of areas over the past decade including economic indicators such as GDP growth where the country posted an impressive 8.2% growth in 2019 notwithstanding many challenges
How remote working and back-office automation help the global economy
Even with the world gradually returning to normalcy in the aftermath of the global pandemic, working remotely is likely to be the preferred choice by the majority of the global workforce given that it is highly convenient and safe with
Insurance sector in Sri Lanka – can embracing automation bolster its growth?
Insurance is one of many global industries to have witnessed a rapid transformation following the global pandemic outbreak. Health insurance incorporated Covid19 coverage to their products while the motor insurance industry transformed how claims are handled embracing the ‘new normal’