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Transforming Insurance Operations: Leading Firm Migrates from Genelco to Wynsure for Enhanced Efficiency

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Overview.

A prominent insurance provider faced challenges with their outdated Genelco system, hindering flexibility and operational efficiency. Coforge stepped in to modernize their group management system by migrating to Wynsure. This case study explores how the strategic implementation of advanced technology revolutionized the client's operations, resulting in improved data accuracy, automated processes, and significant efficiency gains.

Challenges.

  • Inflexible legacy mainframe-based Genelco system 
  • Difficulty in implementing enhancements, automations, and new products 
  • Multiple sources of truth leading to data inconsistencies 
  • Manual-intensive processes resulting in higher operational costs 
  • Lower productivity and inability to deliver timely, accurate information 
  • Lack of modern technology experience for clients

Solution.

Coforge implemented a comprehensive migration strategy from Genelco to Wynsure: 
  • Commissioned Wynsure as a replacement for the outdated Genelco system  
  • Identified and migrated approximately 5000 out of 9000 groups based on business rules  
  • Implemented a phased migration approach: 
    • Semi-automated process for group-level data migration 
    • Utilized ETL (Informatica) workflows for policy data migration
  •  Developed a multi-threaded policy conversion pipeline using DCT policy API 

The Impact.

  • 30% Improvement in file processing
  • Single Source of truth established
  • Automated Multiple processes including group setup and payment applications
  • Enhanced Enrollment and billing platforms

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Let’s Coforge your next success story.

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