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 MoreGlobal 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
Realized cross-region adoption of standardized processes covering 93% of transactional tasks - 7% process deviation required for local regulatory compliance
Identified 27% labor arbitrage opportunity with associated operational cost savings from revised role-task alignment
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