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HCL Technologies Germany

HCL Helps a Global Life and Annuity Insurer to Reduce its Application Cost by 40%

HCL Helps a Global Life and Annuity Insurer to Reduce its Application Cost by 40%

CLIENT: One of Top 5 Global life & Annuity Insurer and Financial Service provider from Europe. 

CLIENT’S BUSINESS OBJECTIVES

• New Transformation Blue Print drafted in 2004 required changes in Application landscape and services

• Consolidation of disparate business systems across business units complying the new IT blue print

HCL APPROACH

• Consolidated 13 policy administration systems to 5 and successfully migrated 3 Life Administration systems into 1 that included migration of 90,000+ policies

• Creating a Single Customer View of 9.16M customers

• Multi-vendor environment governance through ‘Customer Master’ framework

DOWNLOAD THE SUCCESS STORY

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