Situation
Competition in the European casualty and property mid-market is increasing. The client is active in UK, FR, BE and NL. Our client needed to bring new insurance products to the market faster and in a more modern and customer-intimate way. The costs of their back-office could be reduced by higher STP and standardisation. However, reusing legacy policy systems was a no-go.
Results
Valcon helped the insurance company define the 2-year joint business and IT program introducing a new product- process and IT strategy. We jointly set up an IT architecture consisting of a lean SF fintech core and low-code BPM and portal layer on top. Furthermore, we set up a digital team within the client and we will jointly develop and roll out the solution.
