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APPLICATION DEVELOPMENT AND MAINTENANCE
Case Study
 Application Development
 
Friends Provident: Streamlining new product development
 
 
The client

Friends Provident

 
The business challenge

Friends Provident employed an in-house application to develop new business products and process new business quotations. The company wanted to reduce the product development time and enable quotes for multi currency products for their new business, customer services divisions and external distribution channels.

 

The solution

Wipro helped Friends Provident build a single componentized quotation engine capable of generating quotes for existing and new multi currency products.

Measurable business benefits
A single presales quotation engine used across the customer service and others divisions of the company
A typical multi-currency product time to market time is around 1-2 months
A 60% better response time for providing quotes to customerscustomers
Ability to provide quotes for both British Pounds and multi currency contracts
More concurrent quotes can be done with almost zero error rates
 
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To know more about Wipro in Insurance go to www.wipro.com/insurance
 

 

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