In the analysis stage of each six sigma project, the company uses statistical analysis software from Minitab Inc., State College, Pa. "We find it useful for everything from basic pareto charts to more complex regressions and multivariate analysis," says Tracy Friend, senior quality manager at Allstate Financial.Allstate's six sigma teams also use Microsoft Corp.'s Excel software in the control stage of each project. By entering performance data into Excel on a regular basis, the company monitors the performance of its new processes to ensure improvements are sustained.
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When a new claim enters the system, a race against time begins.
June 18
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Investments in hyper-personalization, AI targeting, digital transformation and marketing are taking precedence over customer expectations, the credit bureau finds in its latest study.
June 18 -
AI is not a one-size-fits-all solution to the insurance industry's problems, and many are finding a need for nuance in how they deploy the technology.
June 17 -
Emirates Airline is offering travel insurance that includes medical coverage for war-related incidents and extended-stay support during disruptions, another example of how Gulf carriers are trying to reboot their businesses now that a US-Iran peace deal is on the table.
June 17 -
Carriers that deliver communication quality, clarity of instructions, compassion from staff, and a single dependable point of contact were remembered and chosen again.
June 17
Empathy -
Insurers can break the cycle by expanding their use of global talent, strengthening compliance training and treating administrative support as a strategic capability vs. a back-office expense.
June 16
Edge




