Life & Annuities (L&A) |
Property and Casualty (P&C)
Life & Annuities (L&A)A leading life insurance provider sought a business transformation through paperless transactions. Infosys’ solution eliminated paper-related inefficiencies in the process and ensured it became faster and scalable. Our solution...
improved money management, automated underwriting, automated requirements ordering and integrated case management. It helped the company reduce the operating cost for a ‘new business’ by 15%. In addition, the solution reduced cycle time by 10 days resulting in operational savings of US$ 3.2 million.
Long Term Care Partners (LTCP) adopted Infosys' Performance-Driven Development approach to enable federal employees in the United States to register and enroll for insurance services efficiently. The methodology enhanced LTCP's capacity...
to handle concurrent users by 1,900% and achieved a 40% reduction in the batch window. The re-architected application empowered LTCP to manage a higher volume of enrollments.
A leading reinsurance company wanted to consolidate and rationalize its IT investments. Infosys developed a 3x3 grid to identify applications that would benefit from offshoring.
A leading insurance company wanted to enhance the effectiveness of its Disability Income Benefits department. Infosys leveraged its proprietary Business Transformation Methodology to improve business performance and customer service.
A leading insurance company sought to modernize its new business processing. Infosys leveraged its Business Transformation Methodology to reduce costs and time of new business processing.
The annuity division of one of the world's largest service companies wanted to improve customer service. Infosys partnered with the client to address the client's business goals. The Infosys team created a technology architecture...
blueprint and improved process rigor, project management, quality focus and metrics tracking to enhance the effectiveness of delivery. Our solution enabled the client to improve customer satisfaction, accelerate time-to-market and enhance IT operational efficiency
The client, a major global financial services provider, was finding it difficult to ensure adequate test coverage for critical applications. The applications and regression test bed were large but the test cycle window ...
was short. In addition, there were not enough trained personnel. Infosys built an automated regression testing suite leveraging the Global Delivery Model. Our solution ensured optimum test coverage and resulted in cost savings of US$ 3.27 million.
Property and Casualty (P&C)Nationwide a large property and casualty insurer in the U.S. was constrained by weak sales reporting function that lacked transparency, had an obsolete presentation format and generated high inquiry/ support calls. The company, in conjunction with...
Infosys, built a Revenue Connection application to address the situation. The application provided a complete, accurate and timely delivery of sales data and analytics; enabled sales dashboards with a 360-degree view of sales data; and enhanced drill down capability that provided performance view to the specific policy or claim level.
Reproduced with the permission of Celent, a division of Oliver Wyman Inc.
PMI offers residential mortgage insurance and credit enhancement products in the United States. The company wanted to convert HP WinRunner scripts to HP QuickTest Professional scripts in all applications,...
while enhancing the performance of automation scripts. Infosys developed a standardized testing framework that ensured significant improvement in test execution performance and smooth migration.
A global retail insurance brokerage and risk management services company required an end-to-end policy management system. Infosys delivered a multi-user, multi-location, highly scalable system.
A leading Australian financial services company had to pay accurate and timely commissions to stay competitive. Infosys implemented a group commission solution to eliminate overpayments and commission leakage.
Canada's leading provider of title insurance wanted to be more client-focused in marketing new products. However, due to the volume of business and the manual workflow system, the client's insurance transaction...
processing was inefficient and incurred operational overheads. Infosys redesigned the client's systems and developed applications to help the client meet strategic objectives.
A leading personal lines insurer in the US wanted an end-to-end testing solution for its legacy applications and a new web-based application. Infosys improved IT efficiency by leveraging reusable frameworks and components, enabling...
better response to business requirements and better financial predictability.