To be competitive, insurance providers have to be exceptionally customer-focused. However, with a changing landscape of increased regulation, growing competition from international markets and failing legacy systems, insurers have a constant challenge on their hands. Modern systems and efficient processes are crucial to underpin the client-centric approach.
We have been working with the insurance industry to meet these challenges and changes since 1997. Our experience runs deep in the General Insurance industry and, in particular, in the London Market.
Our approach and expertise in both bespoke Java-based projects and full end-to-end solutions includes;
- Quality Assurance
- Programme Management
- Business Change Management
- Guidewire InsuranceSuite
We are Guidewire’s preferred partner, and recognised as the leading insurance implementation experts, delivering solutions to the insurance industry across the globe.
The London Market
As the only market in which all of the world’s largest reinsurance groups are represented, the London Market is quite unique in its history, scale and mission for modernisation.
We are unmatched in experience of delivering projects that enhance process efficiency and improve service delivery. We are chosen as an implementation partner because of our London Market expertise and 100% track record delivering projects on time and on budget.
Our delivery of the first ever London Market Guidewire implementation enabled Beazley to reduce its reliance on legacy systems and improve its claim management process.
We are unrivalled in our experience of integrating systems with London Market Messaging (CWT, SCM, LIMCLM, etc) and this delivers functionality such as:
- Automated FNOL
- Synchronising with ECF2
- Rule-based decision making (eg, workflow triggers, claims segmentation)
Coupled with expertise in delivering sophisticated management information and document management solutions using Microsoft technology, we can deliver exceptionally flexible and extendable solutions.
We deliver agile technical solutions that remove inefficiencies and reduce the cost base for insurers operating in the general insurance market.
The projects we deliver are varied, but a common denominator is to bring about greater efficiency. Whether it’s establishing a robust audit-focused operation, extending capabilities of existing systems, reducing claims leakage or automating Solvency II-friendly processes – we have been instrumental in helping large insurers save money.
We have experience in many lines of business, both Commercial and Personal, including:
Our in-depth knowledge of the insurance sector, coupled with an evolutionary approach to replacing legacy applications enables a risk-reduced engagement and improved solution delivery. We are proud of our track-record of exceptional results.
Contact us today to discuss how we could help improve your processes. « Back to News and Opinion