EOX Vantage Blogs

Doing Brisk Business: You Need Speed to Succeed

Published in Rough Notes | September 2020 issue
Author: Mike Fieseler

If the marketplace were a racetrack, today's policy seekers want to drive a high-performance sports car instead of an old gear-grinding jalopy - which is what traditional operating models of insurance left them with, until recently. Insurance has made steady progress transforming its old-school, paper-based, in-person ethos, but in 2020 the COVID pandemic has super-accelerated the overall trend toward speed.

Automation 101

Interviewed by Adam Burroughs | Smart Business Magazine | INSIGHTS Digital Transformation

Workflow automation, a key element of the solution strategies known as "digital transformation," enables companies to automate various business processes. This can have a big impact not just on efficiency and accuracy, but on motivation and morale as well.

PART 2

Welcome to part 2 in our review of how the COVID-19 pandemic has changed the ways companies do business - in the short term, as well as probably in the long term and perhaps forever.

PART 1

The pandemic has changed the ways companies do business... in the short term, probably in the long term and in some cases likely forever. We have published some pieces recently on the virus's effects on the insurance industry. Now we want to take a broader view and see what it has done for all kinds of businesses in the economy.

Published in CHART Exchange | July 2020 issue
Author: Mike Fieseler

In just a few months, the COVID-19 pandemic has completely changed the world, basic human interactions and how companies do business. Being in risk management and mitigation guaranteed the insurance industry would not be an exception. The global crisis forced insurers to react quickly and comprehensively.

Interviewed by Adam Burroughs | Smart Business Magazine

Many companies understand the importance, or at least the utility, of cloud platforms and have migrated a great deal of their systems and applications there. Some have digitized processes as a way to save time and money and help move staff to more productive tasks. In these cases, employees are comfortable working and accessing information on the cloud.

"That's really helped them minimize the loss of productivity or efficiency that companies with only on-premise systems likely experienced when, suddenly, their workforce was compelled to work remote," says Sudhir Achar, CEO of EOX Vantage.

Published in CHART Exchange | April 2020 issue
Author: Harsha Chaturvedi

Digital transformation and disruptive technologies continue to impact the insurance industry. Until just recently, the everyday tasks of the business primarily ran on manual-input processes. Now the industry is increasingly going paperless and embracing digital transmission for its distribution networks.

Original article by Chris Galford | TransportationToday | Published April 22, 2020

Wednesday, April 22 is the 50^th anniversary of Earth Day. We here at EOX Vantage support greener workplaces. In fact, we recommend going paperless (or at least reducing your amount of paper) not only as environmentally responsible, but as a good business model as well.

The coronavirus pandemic is squeezing economies from local to global. Businesses are in free fall; unemployment is rampant; we’re all wondering how deep a recession might be and when the effects of social distancing, stay at home orders and other restrictions will end and where they will leave us.