Case Study

Global Leader in Life Insurance Reimagines Modernization Program to Save $90M

Global Leader in Life Insurance Reimagines Modernization Program to Save $90M

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neosllc.com | 860-519-5601 ©2019 NEOS CLIENT CASE STUDY Global Leader in Life Insurance Reimagines Modernization Program to Save $90M Company: A multi-line insurance company providing annuity, life insurance, retirement plans, and group benefit products Industry: Insurance Line of Business: Life Location: USA Challenge: Develop product-driven approach to modernizing the client’s policy administration systems Services: Business Strategy & Performance FutureFirst Product Scorecard Results: The client’s program was restructured in 8 weeks to modernize multiple products in different ways and the budget reforecast was reduced by $90M BUSINESS PROBLEM The client had begun a strategic initiative to better enable its business operations through the modernization of its l

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