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case study 

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  Process migration

Client Background
 
Client Profile: $50 Billion US based life insurer
Offshore centre's services: Onsite consultancy and offshore process migration
Channels: Inbound and outbound voice, e-mail, web-chat
Client location: US

One of the top life insurers in the United States, with assets in excess of $50 billion, which has been in operation for over 80 years.

The Offshore Centre solution design

The offshore centre, in association with a leading consulting firm specializing in the insurance sector, is working to help the client achieve quantum performance improvement while significantly reducing operations costs. This initiative is being achieved in two phases. Phase I of the initiative involved restructuring many of the process within the organization and documenting processes supported by the new business system that are being developed. Phase II of the project involves migration of processes offshore to achieve desired cost / quality objectives.

The offshore centre provided onsite-consulting services (OCS) to the client during Phase 1 of the initiative. The OCS team of 6 associates was headed by a senior onsite Project Manager. The team had representation from Operations and Training.

Their activities included:

 
 
Identify and document all non-automated processes with the various handoffs and interfaces.
Reengineer these processes to make them more efficient.
Build / Update end-to-end documentation of all process flows for the new business system.
Evaluate and identify processes that can be migrated offshore.
Develop a transition plan to migrate the identified processes offshore.
 
     
  Phase I was conducted successfully and the client has implemented the re-engineering recommendations. The overall project is expected to reduce operating costs by several million dollars annually.

Phase II involves the migration of processes from the client site to India. Once this migration is completed, the client will save additional US$ 3 million per annum, and will reduce its processing times by about 22-25%.
 
 

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