Medical Risk Evaluation: Bizagi Usage in Life Insurance [BPM Open House]

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This FREE webinar was recorded on:
September 29, 2015
12:00 PM - 01:00 PM EST

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[CASE STUDY] Medical Risk Evaluation: Bizagi Usage in Life Insurance

Generali provides both individual life and non-life insurance, and insurance for small, medium and large clients in the industrial, agricultural and business risks.

Bizagi’s BPMS was chosen over in-house development and an ‘Out of the Box’ Policy administration system for the cost saving, scalability, functionality and ease of integration. Following deployment and delivery, today Bizagi’s BPMS extends beyond Corporate Insurance.

Since Generali embarked on an organization-wide business transformation to significantly boost productivity and efficiency, Bizagi’s BPMS has delivered significant benefits:

  1. Time taken to complete medical evaluation reduced by 38%
  2. Single Workflow / Case Management tool for contract lifecycle
  3. Integration with Company’s Digital Archive allows automatic saving of correspondence to particular policy and client

This session will cover part of policy lifecycle especially considering medical evaluation in life insurance.

Key case study takeaways:

  • A look into the original business requirement and the final implementation of the process which is supported by Bizagi BPM Suite. Nowadays the application processes over 3000 cases per month.
  • How Generali automated the most complex underwriting processes.
  • How the Bizagi platform helps deliver a customized user experience

[TECH DEMO] Scenario-based presentation by Generali

Participants will be able to see the actual customer building that took place, showcasing BPM in real life.

Three key things participants will take from this presentation are:

  • How could BPM effectively help business in life insurance area
  • How to transform business requirement to real application in BPM
  • Best practices learned so far

Presenters:

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