EFFECTIVE USE OF TECHNOLOGY IN INSURANCE: DISTRIBUTION/NEW BUSINESS: CELENT MODEL INSURER ASIA 2013

Case Studies of Effective Technology Use in Insurance

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This report by Celent is an authorized reprint that contains an excerpt from a Celent report profiling and evaluating 17 insurance case studies as part of Celent's Model Insurer research. Celent prepared this Asia-Pacific edition to identify the Model Insurer Components that have recently been deployed in the region.

The report discusses Royal Sundaram Alliance Insurance as a model insurer case study, which uses ValueMomentum's iFoundry rating engine and PLM for its property and casualty business lines.

Read this report to learn about:

  • What should be the best practices that an insurer must consider to become a Model Insurer?
  • Why Royal Sundaram Alliance Insurance’s projects were chosen as a Model Insurer Asia component?
  • Royal Sundaram's success in reducing time to onboard new partners by 50%, while also reducing time to roll out a new product from months to less than a week to edit this text