Program Business Process Redesign
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.
- Delivered an Operations Strategy that focused on the Product Development process within the Commercial Specialty division
- Implemented a streamlined 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
- Reduced the time required to develop a quality product by 25% on average and by as much as 70% for specific product development sub-processes
- Improved product quality by 15% to 25%
Process Redesign and implementation for a $1.5B Underwriter of Specialty and Program Property & Casualty Insurance
Let's Work Together
At Himes Consulting Group, we don’t believe we have all the answers. We know that the right solutions to improve your business come from conversation and collaboration. We have the experience to learn your business and partner with you to create process redesign programs that fit your team.