Wipro first carried out a Six Sigma-based process mapping for Treaty Proportional/Non-Proportional and Facultative Proportional/ Non-Proportional. The team identified process leakages, defined process performance metrics and identified technology enablement opportunities. This facilitated a roll-out of shared, streamlined processes
Measurable business benefits
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Reduced premium outstanding |
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Collapsed time for policy booking and premium collection |
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Provided a launch pad for migrating the process globally from one region |
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