CASE STUDY

Implemented Process Controls to Realize 93% Global Standardization

Challenge

Global insurance provider’s European operations spanned 17 countries with multiple product lines and each local office managed unique, non-standardized underwriting processing

The company sought to eliminate localized variation in underwriting processes to ensure implementation of enhanced process controls and realization of labor arbitrage

Approach

  • Conducted end user workshops to characterize current state processes:
    • Documented process for each country independently
    • Held large group regional meeting to rationalize localized processes into a regional and global standard
  • Established advocacy governance to ensure necessary local deviations were reflected in process and system design requirements:
    • Regional Leadership (8) – Steering Committee
    • Country Champions (20) – Local Advocacy
    • Product Partners (6) – Advisory Group
    • Super Users (60) – Implementation Support

Related Services

Results

93%

Realized cross-region adoption of standardized processes covering 93% of transactional tasks - 7% process deviation required for local regulatory compliance

27%

Identified 27% labor arbitrage opportunity with associated operational cost savings from revised role-task alignment

Case Study

Established Business Process Management Ecosystem to Improve Discipline

Global insurance company lacked a consistent, disciplined approach to managing process across business areas and regions

Learn More

Case Study

PMO Delivered Platform Driving 15% Annual Savings for Reinsurer

A top reinsurance company faced difficulty in integrating disparate internal stakeholder groups impacting a key migration program’s deliverables and timelines.

Learn More

Case Study

Established Risk Control Processes Driving 5% in Annual Cost Savings for Financial Services Company

A financial services company was facing a strict regulatory environment and required process enhancements to comply with changing regulations.

Learn More

Case Study

Drove Product Differentiation to Realize Margin Improvement for Global Reinsurer

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

Learn More

Engage with SSA

We partner differently. Shoulder to shoulder, we solve today’s toughest business problems with you.

Contact Us

Stay up-to-date with our latest news

Name(Required)