Exchanging proof of insurance with financial institutions, including an often-staggering number of lienholders and government agencies, can be expensive and time consuming. Mailing out notices is a labor- and paper-intensive process, which increases costs, and there’s always the risk that the notice will be returned or undeliverable. Additionally ,if the data validation step is not done properly, information will be inaccurate. As a result, customer service calls may increase and costs may rise. Insurers may even face litigation.
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The DXC Notification Service helps insurers in the U.S. free up labor resources, reduce expenses and improve accuracy. Notifications will be delivered in a more timely manner between insurers and lenders, leasing companies, government agencies and trackers.
Want to learn more how DXC can help you significantly reduce costs? Contact us to find out how easy and cost effective it is to implement the DXC Notification Service.