Insurance Technology Group’s Industry Experts have worked with the leading insurance companies in on almost all continents.

Allianz
Allstate
AXA Insurance
Aviva
ABN Amro
Bank of Montreal
Banco de Mexico
CDP Capital
CIBC
Cigna
Dominion of Canada
Dunav Insurance
DST/Corfax
ING
Ingostrakh LMT
Kemper Insurance
Link4 S.A.
Manulife
Motorist Insurance Company
MI Group
Pilot Insurance
PZU
RBC Insurance
Royal Bank of Canada
Royal Sun Alliance
Samopomoc-HDI
Secura
Standard Life
TU Samopomoc S.A.
Warta S.A.
West Bend Mutual Insurance
Winterthur
Zurich Financial Services

SAMPLE ENGAGEMENTS:

LEADING CENTRAL EUROPEAN INSURER WITH over Euro 3.5 billion revenue and over 13,000 employees.

  • Advisors to the CEO and Board of Directors on crticial business and technology strategy issues and process improvement opportunities
  • Created IT strategy for general insurance business line and are assisting in its implemenetation
  • Created IT Governance framework
  • Defined strategy, business needs and requirements for the Commerical Customer Division for the purpose of buying a vendor packaged application

LARGEST INSURER IN THE WEST BALKANS (Euro 140 million, 2000+ employees)

  • Created corporate strategy as a basis for privatization
  • Acted as interim management on implementing the strategy
  • Advised senior management on key strategic and operation aspects of every major industry segment (insurance operations, IT, sales and marketing, shared functions etc.)
  • Advised insurance supervisory bodies and national government of key points of insurance marketplace development

TWO OF THE LARGEST LIFE INSURERS IN NORTH AMERICA

  • Prepared merger strategy for a major corporate division and supervised supervisied merger for two business units

USD 600 MILLION PREMIUM WRITTEN MULTI-LINE US INSURER

  • Prepared long-term strategy for policy-administration systems renewal
  • Conducted C-level strategic workshops do identify needs/define requirements
  • Conducted market review of available packaged solutions

USD 350 MILLION PREMIUM WRITTEN CANADIAN INSURER

ONE OF THE LARGEST US INSURERS IN THE SPECIALTY MARKETPLACE

  • Reviewed IT strategy and prepared recommendations for IT modernization
  • Reviewed IT business alignment and provided recommendations

ONE OF THE LARGEST FINANCIAL AND INSURANCE COMPANIES globally operating in over 50 countries with revenue in excess of USD 49 billion:

  • Led Technology Modernization Project which included complete automation of two new SBU’s, modernization of two major Policy Administration systems and new Claims Automation system – all completed within 18 months
  • Led several cost reduction initiatives resulting in annualized run-rate reduction between 9% and 16%
  • Led a successful organizational re-design and consolidation project following USD 1Billion merger
  • Contributed to a major 3-year program of a successful business turnaround by implementing programs of infrastructure modernization combined with cost reduction