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A medium-sized insurance company is struggling with the repetitive, time-consuming task of processing insurance claims. The company management is looking for a low-cost innovative solution to streamline and Automate the claims processing workflow to increase efficiency and save time. Which of the following approaches would you recommend?
Correct Answer: A
This approach is recommended because it can reduce the manual effort and errors involved in claims processing, while still maintaining human oversight and control over the final decision. RPA can automate the data extraction, validation, and processing steps, which are often tedious and time-consuming, and improve the accuracy and speed of claims handling. By sending a summary to a human approver before final submission, the company can ensure compliance and quality standards, and also handle any exceptions or complex cases that may require human judgment12 Reference: How RPA Improves Insurance Claims Processing Efficiency | UiPath Aspire Systems