Digital Transformation Consulting
Accenture
Full Credential Description
The case study highlights that one insurer focused on a comprehensive digital transformation aimed at enhancing operational efficiency and customer engagement. The primary niche issues they faced included outdated legacy systems that hindered productivity, manual and paper-based processes that slowed claims handling, and fragmented customer interaction channels resulting in inconsistent service experiences. To address these challenges, the insurer implemented a range of tailored solutions, including the deployment of new SAP sales steering systems, modern identification and access management systems for IT security, and full digitization of claims processes. Significant emphasis was placed on removing legacy infrastructure to enable straight-through processing (STP), leveraging advanced analytics, and integrating machine learning and AI capabilities for better decision-making and automation.
The results were notably quantifiable and impactful: the insurer’s investments in digitization and automation led to more seamless and efficient sales and claims operations, significantly improving productivity and customer satisfaction. By digitizing claims, they enhanced the customer experience through faster processing and better data management, which in turn facilitated more accurate and timely service delivery. Additionally, streamlining operating models and consolidating organizational structures contributed to operational cost savings and agility. Overall, this tailored digitalization strategy resulted in a more future-ready organization that successfully bridged critical gaps, enabling sustained growth while modernizing core systems and processes.