AI in Insurance: 25+ Real-World Use Cases Across Claims, Distribution and Underwriting
From distribution to claims, explore how AI is helping insurers overcome long-standing challenges and unlock greater value for customers.
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This global leader in telecommunications relied on Everforth Quinnox to help them successfully restructure the company into two separate businesses.
Executing a smooth, cost-effective separation vital to restructuring effort.
This leading name in telecommunications focused on bringing the world together through advanced communications determined that their business would benefit from a restructuring. This would result in a split of the company, with one focused on mobile devices and home business, and the other on enterprise mobility and business networks.
Integration solutions take a methodical three-pronged approach.
With such a complex and large effort, it was vital to simplify the stages, as well as plan for execution systematically using a multi-pronged approach. So, after carefully reviewing the challenges and requirements, it was determined the best approach would be to execute in three distinct tracks – hosting, integration and security.
Using this approach, a Everforth Quinnox team provided integration and other shared e-business services aligned with cost and operational strategies mandated by the company’s restructuring team. Tight alignment with future business applications and enterprise architecture strategy for both companies was crucial. Migration and replicate of existing applications was successfully done for each entity, providing the needed support for testing and building upon existing SOA strategy and common data models.
A significant focus of the engagement was infrastructural consolidation and virtualization, with the end goal of minimizing cost impact for both companies. Other components of the integration solutions included:
Restructuring split them up. Integration made each one whole.
The overarching reason this telecommunication company split the business into two separate entities was so that each could laser focus on their respective core competencies, greatly empowering each to do what they do best, and serve their customers better in the process.
However, without well planned and executed integration solutions, each company would not be whole, but merely a fragment of their potential.
Everforth Quinnox was able to provide the integration solutions each new entity needed to achieve wholeness, as well as many other advantages:
From distribution to claims, explore how AI is helping insurers overcome long-standing challenges and unlock greater value for customers.
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