A leading Excess and Surplus insurance company providing insurance and risk management solutions to the energy and utilities industry
THE CHALLENGE / REQUIREMENT
The client's legacy system for claims administration with inconsistent and workflow processes were manually handled and had the following limitations
The client was looking to achieve an end-to-end core claims system that would integrate with various lines of business - such as property, workers compensation, DAO etc.
We proposed a migration from a PowerBuilder claims workstation to a next-gen and BPM-Pega driven end-to-end core claims system. We incorporated the following services:
We leveraged Pega PRPC’s BPM capabilities to build an enterprise class policy admin system with workflow and process automation capabilities. Work lists and task lists enabled better work assignment, auditing and diary setup. Reports related to transactional data could be generated from the out-of-box system. We deployed the following tools and technologies:
We achieved a seamless transformation from legacy systems to a next-generation platform using BPM-Pega. Our end-to-end claims solution achieved the following outcomes:
Total automation of FNOL and Claims Setup processes
Quick turnaround and cost optimization using Agile methodology like Pega BPM (SmartBPM)
Streamlining and automation of manual processes in FNOL and claims handling
Improved work assignment and diary setup through work list and task list
Ability to track history and auditing
Efficient interfaces to pull in necessary data as pre-fill to claims system – including structured settlement with claims system
Generation of reports related to transactional data from the out of box system
Efficient handling of SLA reminders and foreign claims based on captured requirements