Streamlining P&C with Duck Creek: A Resource-Constrained Success
Overview.
A leader in the field of property and casualty insurance, the client is among the top 100 insurance organizations in the US. They offer a wide range of commercial and personal coverage products. The company is a nationally recognized insurer for various specialized markets, including graphic communications industry coverage and error and omissions coverage for insurance agents and brokers. The client approached Coforge for legacy modernization while working with limited resources and without upsetting compliance. We undertook migration to Duck Creek technology, implemented various projects across the LoBs, provided technology support, and managed all the QA activities. The solution we provided resulted in significant cost savings, increased productivity, and quality assurance.
The client wanted to upgrade to a new platform that supports customized products and services to deliver more value to both partners and customers. The key objective was enabling implementation of newer technology despite scarcity of niche resources. Five key challenges faced by the client were:
Migrating legacy systems to Duck Creek without impacting compliance
Working with the unavailability of documentation for existing systems
Automating regression testing
Improving application performance
Reducing operational complexities, increasing efficiencies, enhancing business agility, boosting productivity, empowering distribution partners, and improving customer satisfaction.
Solution
Over the period of our engagement, we provided an entire spectrum of development and maintenance services using the dual shore model. Our offshore and onsite teams worked together to implement and add new policies and convert policy management system for the required LoBs. We were also engaged to provide quality assurance services to the client across the entire gamut of functional areas. The key highlights of the solution were: