Case Study

Advantage Insurance Inc.

Advantage Insurance Inc.

Pages 5 Pages

Advantage Insurance Inc. is a leading international provider of customized insurance services to high- net-worth individuals and business owners. Based in the Cayman Islands with offices in the U.S. and Puerto Rico, Advantage has two main product lines – a life insurance division issuing Private Placement insurance policies and annuities, and a business insurance division providing captive insurance management services. Transforming a Manual, Paper-Based System Since its launch in 1993, Advantage had grown rapidly while operating largely with a paper-based system that was heavily reliant on manually-maintained policy information. These processes were subject to potential human error and time constraints, and relied on a group of key managers to input and handle policy changes

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