Skip to main content Skip to main navigation Skip to search Skip to footer

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

Contact Us
MAX CHARACTERS: 10,000

We will treat any information you submit with us as confidential. Please read our privacy statement for additional information.

We will treat any information you submit with us as confidential. Please read our privacy statement for additional information.