Landscape assessment, Data Migration & BI Support for a Specialty Insurance Company
The customer invited Coforge for advice on how to proceed towards building a solid and future-ready data management platform & organization with lower TCO, well-defined processes & a skilled team in line with compliance and regulations.
Complete end to end data landscape assessment, data migration, and BI support
Migrated data consisted of data related to new business, renewal submissions, policies, policy endorsements, cancellations, and all financial transactions.
The integrated governance model for business agility and increased efficiency
Optimal Target Operating Model & offshoring for optimized services and increased stability
Right skill and processed management plan for effective control and reduced time to market
Reduction in submission processing timelines
Prioritized work queues helped underwriters focus on high-value customers
Simplified UX, improved underwriter productivity
Improved business agility with delegated business rules