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HCL Technologies

HCL Helped A Global Insurer Increase Its Revenue By 40 % Through Multi-Channel Distribution

HCL Helped A Global Insurer Increase Its Revenue By 40 % Through Multi-Channel Distribution

A global insurance company headquartered in the Netherlands was looking to streamline distribution channels across units and services – consolidating consumer base visibility and achieving cost optimization. It was also exploring innovative digital avenues to further expand its customer footprint. Our solutions bouquet was architected to ensure end-toend IT impact – encompassing Application Migration and Application Maintenance, as well as enhancements and support. Business Benefits: The client gained notable cost efficiencies from the comprehensive system overhaul:

  • 40% increase in revenue through multi-channel distribution
  • $3 million in cost savings in the first year
  • Over $1.7 million in value, delivered through the dedicated Value Portal
  • Significant savings garnered from the Single Customer View

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