Holding company reduced fixed costs by 78% through partnership with Merrill to outsource production and distribution capabilities
Holding company reduced fixed costs by 78% through partnership with Merrill to outsource production and distribution capabilities
4 PagesCASE STUDY Holding company reduced fixed costs by 78% through partnership with Merrill to outsource production and distribution capabilities. The Company, an intermediate holding company, which is made up of multiple insurance companies and distribution channels, provides life and health insurance products to individuals and families. Previously, the Company operated an onsite facility for production and distribution of all their policy communications. As the Company continued to grow and projected increased volumes in the coming years, they knew their current onsite facility would not be able to handle the increased volumes without additional capital and resource expenditures. Challenge. The Company needed to determine if it would be more advantageous to invest in additional
