Implemented Process Controls to Realize 93% Global Standardization at Global Insurance Company

Capabilities
Insurance

Challenge

A 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

Results

I.
II.

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