Insurance is a highly regulated industry, and it shows with the amount of documents it’s required to maintain. According to a recent survey, insurers are scanning up to 100 pages per day. Anoto, a provider of digital pen technology, surveyed businesses ranging anywhere from 50 to more than 200 employees across a wide variety of industries, including insurance, and found that organizations have significant scanning requirements due to a continued reliance on paper. Some of the major reasons include the need to keep an electronic record (71 percent) and because the data is easier to work with in digital form (55 percent).
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