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More Than a Reinsurance Policy Management System

Challenge
A facultative reinsurance company, one of the most complex insurance products, needed to migrate their existing 60-year-old practice to a digital system.

Solution
BUILT designed and developed one single automated system to drive workflow, eliminate opportunities for human error, reduce paper usage, curtail their carbon footprint, and increase overall business capacity.

Results
The reinsurance policy management system is now happily thriving in this century, featuring:

  • One source of truth for all workflow and processes
  • 100% digital documentation
  • 80% reduction in paper need
  • Huge increase in efficiency, particularly for claims and accounting
  • More effective, efficient process to onboard new team members
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More Than a Reinsurance Policy Management System

Photo by 2H Media on Unsplash

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