Case Study

Insurer saves $65M with metrics-driven product conversion strategy

Insurer saves $65M with metrics-driven product conversion strategy

Pages 1 Pages

neosllc.com | 860-519-5601 ©2019 NEOS CLIENT CASE STUDY Insurer saves $65M with metrics-driven product conversion strategy Company: A multi-line insurance company providing annuity, life insurance, retirement plans, and group benefit products Industry: Insurance Line of Business: Life Location: Global Challenge: Client sought to accelerate and simplify their over-budget multi-year conversion program Services: Business Strategy & Performance FutureFirst Product Scorecard Results: Cost savings of $65M recognized within two years, and a strategic and repeatable framework for assessing the health of an evolving product portfolio and the modernization of future systems. BUSINESS PROBLEM The client planned to retire eight legacy policy admin systems and put all produc

Join for free to read