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Insurance Insight

Improve processes and lower costs
Insurance companies look to MPS to provide a competitive advantage.

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Lexmark Smart MPS for Insurance
Best practices. Best results. Best choice.

Insurance Insight

From Managed Print Services to Better Business Processes
Discover the next level of MPS, your roadmap to business transformation

Managed Print Services for Insurance

Your solution for productivity, performance and efficiency

Despite the expanding digital revolution, the insurance industry relies heavily on paper-driven processes. In fact, insurance companies spend up to 14% of their annual revenue for printing and document management.

As an insurer, you still need printed documents for policy applications, claims, beneficiary changes and many of the other services customers want. However, you don’t need agency associates wasting their valuable time searching for paperwork or struggling with printer issues and supplies.

Spend more time with customers and less time worrying about documents

When output is unreliable and unmanaged, and when paper-based processes aren’t optimized, it wastes time and money that could be better spent working with customers and growing your business.

Lexmark Managed Print Services (MPS) for insurance provide a consistent, stable platform for productivity and connectivity across your organization—from the agency to the back office. We complement our award-winning, smart multifunction products and deep insurance industry expertise with intelligent software to bring enhanced productivity to agency offices, operations and other critical areas of your enterprise.

Better yet, the more you engage with Lexmark MPS, the more value you gain. By following the Lexmark approach to strategic enterprise MPS, our customers can reduce output costs by up to 30%.

A proven approach backed by deep industry experience

Lexmark’s approach to MPS is different than other providers who typically only offer savings from device consolidation. With Lexmark, that’s just the beginning. Lexmark enterprise MPS goes beyond simple device optimization; we also look at your facilities, workflow, processes and users. We compare your current output environment to industry best practices, considering things like cost management, user-to-device ratios and output volume.

Our experts then use a progressive strategy to drive infrastructure optimization, proactive management and business optimization. This proven approach also takes insurance carriers from cost reduction to overall process improvements—creating future flexibility in the process.

Lexmark is a recognized leader in MPS

Our leadership in MPS has been recognized by trusted analyst organizations like Gartner, Forrester, IDC and Quocirca. You can trust us with your MPS strategy, too, and we’ll work together to drive financial performance to your bottom line.

Benefits of MPS for Insurance

  • Achieve savings of up to 30% through fleet governance and optimization
  • Improve business decisions by having more visibility into policy and claims workflows
  • Minimize administrative effort and consumables waste with automated proactive monitoring
  • Optimize workflow with industry-specific solutions like claims automation, underwriting and policy administration