Insurance Business challenge

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Presentation transcript:

Insurance Business challenge Today’s consumers have a dizzying array of insurance providers to choose from. To prevent competitors tempting away its clients, a US insurer needed to adapt better to changes in the marketplace. Transformation As non-traditional providers enter the insurance industry, established firms must adapt—and fast—or risk losing clients to more agile competitors. A leading US insurer made it easier for application development teams to make changes and innovate with IBM® Application Discovery, helping the company align itself with what its customers want. “With IBM Application Discovery, we now have the flexibility to respond faster when we recognize a new demand from our client base.” —Solutions Architect and Manager of Database and Application Development, US Insurance Company Business benefits Reduces risk by aligning application development planning with outcomes Boosts corporate agility by enhancing the company’s ability to respond to change Increases competitiveness through application modernization and innovation US insurance company Securing a bright future by investing in corporate agility Solution components IBM® Application Discovery IBM z Systems® Client Name US insurance company Company Background Based in the US, this leading insurance company has over USD450 million in annual written premiums. Business challenge Today’s consumers have a dizzying array of insurance providers to choose from. To prevent competitors tempting away its clients, a US insurer needed to adapt better to changes in the marketplace. Transformation As non-traditional providers enter the insurance industry, established firms must adapt—and fast—or risk losing clients to more agile competitors. A leading US insurer made it easier for application development teams to make changes and innovate with IBM® Application Discovery, helping the company align itself with what its customers want. Results By enabling simpler, more flexible application development and planning, the solution helps the US insurer achieve increased corporate agility and reduce risk, increasing the firm’s competitiveness. Pull Quote “With IBM Application Discovery, we now have the flexibility to respond faster when we recognize a new demand from our client base.” —Solutions Architect and Manager of Database and Application Development, US Insurance Company Case study Link https://www.ibm.com/common/ssi/cgi-bin/ssialias?htmlfid=ZSC03347USEN Based in the US, this leading insurance company has over USD450 million in annual written premiums. It has dramatically reduced the risk involved in altering or modernizing its application landscape, and can now predict the impact of its actions before giving the green light to code changes. Share this ZSP04674-USEN-01