Drove Product Differentiation to Realize 10% Margin Improvement for Global Reinsurer

Challenge

A global reinsurance company was facing difficulty utilizing data analyses to effectively create differentiation in its core products.

The company wanted to create new products based on rich data history and additional external data to drive margin improvement.

Approach

• Developed a method to identify inefficiencies in data analysis and client engagement gaps
• Identified differentiators that can be augmented by automation, process improvement, digitization
• Analyzed current technology stack and strategic architecture to define a best fit future state
• Conducted internal and external research to identify best practices that can be leveraged to produce disruptive new products based on existing data assets