Xceedance
Insurance Provider PAS Implementation Case Study
Pages
2
Time to read
3 mins
Publication
Language
English
Pages
2
Time to read
3 mins
Publication
Language
English
This case study details the implementation of a Process Automation System (PAS) by a leading insurance provider specializing in excess and surplus lines. The client faced significant challenges due to a multi-vendor ecosystem that resulted in time and cost overruns, inconsistent data, and governance issues. The solution involved the Xceedance project team, which utilized its extensive expertise to implement the Duck Creek Platform and develop a robust production support mechanism. The implementation led to a 30% improvement in operational efficiencies through automation and a 25% reduction in operating costs within the first year. Additionally, the solution improved customer relations by enhancing data integrity and created a high-quality dashboard system that served as a single version of the truth for stakeholders. The project also established a Center of Excellence to align processes with business objectives and employed acceleration tools to enhance project delivery and efficiency.