Emtech Group Podcast

Episode #7: Streamlining XML Data Validation in Insurance

Summary

In this episode, the speakers discuss the introduction of new software, QMT TrueXML, aimed at automating and enhancing XML data validation for the insurance industry. The conversation highlights common issues carriers and Insurtechs face with incomplete or inaccurate transaction data, which often prolong the QA process. QMT TrueXML automates the validation of XML data by checking for completeness and accuracy, eliminating the need for manual processes and helping ensure high-quality data exchange between systems. This leads to faster results and improves the accuracy of underwriting decisions.

The automation provided by QMT TrueXML also addresses the challenge of high “not in good order” (NIGO) rates, where incomplete or inaccurate data causes delays. Users can configure validation settings and access detailed reports, enabling them to detect and resolve errors early in the process. By improving the accuracy of data and speeding up the time to market for new products, QMT TrueXML is poised to reduce reputational risk, improve margins, and enhance satisfaction for both customers and distributors in the insurance industry.

To find more episodes of Emtech Group Podcasts, visit our resource center. To read more about Quality Assurance, QMT, QMT TrueXML, and technology topics, visit our blog.

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The views and opinions expressed in the podcast are those of the guests and do not necessarily reflect the official policy or position of Emtech Group Inc.

Featuring

Rob S
Sashia Godet