SUCCESS STORY. A Century old US-based leading insurance company serving religious institutions. Regulatory and Statistical Reporting

Transcription

1 SUCCESS STORY A Century old US-based leading insurance company serving religious institutions Regulatory and Statistical Reporting

2 About the Client Our client is a century old US based leading insurance company serving religious institutions such as Houses of Worship, Schools and Colleges and senior living centers. Client provides property, liability, workers' compensation, and commercial automobile insurance to houses of worship; denominational offices; clergy homeowners/tenants; and religious related schools, camps, and senior living facilities in the United States Coverage offered: Property and General Liability Coverage Commercial Automobile Coverage Business Needs Insurers in the United States have a legal responsibility to collect statistical data about their premiums and losses and to report that data to regulators in every state. The client required the Statistical Data to be reported monthly/quarterly/annually with specified format. The purpose of the reporting is to ensure that the company is compliant with state rating laws and bureau requirements. The client has a department known as Compliance & Statistical (C&SR) to do the needful. Project Scope and Our Solution The Enterprise Reporting project is part of a transformation program moving away from mainframes to a solution based on IBM s IAA (Insurance Application Architecture) and IIW (Insurance Information Warehouse) architecture. The project builds a reporting solution delivering incremental capability at regular intervals Reporting Solution A Process called Adaptor moves data from the Transactional System into the Data Warehouse. An ETL process is developed using IBM s Data Stage to move data from the Warehouse to the Data Mart as seen in the diagram. The data mart will be the source of information for the reports developed using IBM s Cognos Reporting tool.

3 Server Architecture: Reporting Solution Technology IBM suite of products such as Clustered Datastage Servers on AIX COGNOS Report Studio and Framework Manager Version 10.1 ETL Using IBM Data Stage IBM DB2 Version 9.7 on AIX

4 Technical Challenges Integration of Policies from legacy ststem with Policies in the new transactional system. Real time transfer of Transactional information into the Data Warehouse. Rigid data transformation and formatting requirements by the Regulatory bodies. s Role and Value Add Good understanding of Property and Casualty Insurance. End to End business support Proficiency in IBM suite of Products. Collaboration of project delivery with teams spread across four continents using tools such as Atlassian s Jira and Confluence and Microsoft Live Meeting. Progression in the value chain with the time Offshore development advantage Staffing and Efforts Most of the work was conducted at Offshore with very thin onsite presence. Team size: 6 Duration: 36 months About is a Swiss-based company offering its IT expertise to a wide variety of businesses around the world since Yuuca has dedicated development centre in Bangalore, India that caters to the demanding business needs and expectations of the customers by providing quality and efficient IT solutions. We collaborate closely with our customers to understand their business needs and assist them to define solutions and use power of IT in their business. We have about employees in France, Switzerland, UK, Dubai, Spain and India. Our Core Competencies: Web Solutions (ecommerce, B2B, B2C, SEO/SMO) Telesales Solutions Order Management, Supply Chain Solution Managing data analytics and Business Intelligence (BI) Quality Assurance and Testing Manual and Automation Technical and Management consulting

5 has been collaborating very closely with transnational clients, such as Nestlé, since inception. A telesales solutions designed and developed by has been accepted as a Standard European Solution for all Nestlé sales centres. Presently this sales solution handles 3 billion CHF turnover per annum. Our management team has working experience of more than 15 years with Nestlé. is also a trusted partner to its clients for website implementation on a wide range of technologies, including successful implementations of e-commerce websites (B2B & B2C) in Europe, the GCC region and India. We have also built up an impeccable track record in providing native Android & ios mobility solutions, and on multi-os mobile development platforms such as Xamarin. Our Swiss principals and adherence to Swiss quality ab initio, gives us our unique identity. For more information about, visit