Case Study

Use Case for Insurance: Multinational P&C Underwriting

Use Case for Insurance: Multinational P&C Underwriting

Pages 2 Pages

Use Case for Insurance: Multinational P &C Underwriting Modernizing the underwriting process for increased speed and accuracy CUSTOMER PROFILE • Global Financial Services and Insurance company • Serves customers directly and through a network of brokers • More than 30 million customers in 9 European countries CHALLENGES A global multi-line insurer needed an automated and auditable system for underwriting their complex multinational property business. There were multiple streams of siloed tasks that needed to be completed in order to develop a custom program for a prospective piece of business, including loss control surveys, determining coverages needed, pricing, and quoting. They had implemented a modern core system, but it was solely used as the system of record once a

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