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Summary Practice Area Process, TechnologyIndustry InsuranceService Offerings SOA for Insuranceback to list | next |
Centric revived a project to deliver new quoting technologies to serve independent agencies.The Business NeedA property and casualty insurer launched a program in 2001 to deliver web-based policy inquiry and rate quoting services. After two years, the program had made little progress toward the objectives set forth by executive management.Enter CentricThe insurer partnered with Centric on a “rescue mission” to focus on performance improvement and technology best practices. Since 2004, Centric has delivered on numerous initiatives that strengthened the insurer’s marketplace position and financial results.A Comprehensive, Value-Centered ApproachThe program became a foundation for value creation at the insurer. Specifically:
ResultsThe majority of all new business can now be quoted and submitted through the internet. The CEO and Board of Directors recognize the success and significance of contributions from the project team. |