Client: $1.5B Underwriter of Specialty P&C Insurance
Industry: Property & Casualty
Project Type: Redesign and Implementation
Business Issue:
In the property and casualty insurance market, effective processes had never been more crucial. To capitalize on new opportunities, this insurance company needed to centralize its approach to developing products and produce a consistent and efficient process to satisfy customers and provide timely, high-quality products.
Actions:
- Delivered an Operations Strategy that focused on the Product Development process within the Commercial Specialty division
- Implemented a process for product development
- Consolidated more than 25,000 products to a central electronic location to provide employees with easier access to and identification of all existing products