Nintex
Case Studies
Streamlining Risk Analysis with IoT: A Case Study on Chaucer Syndicates
Overview
Streamlining Risk Analysis with IoT: A Case Study on Chaucer SyndicatesNintex |
Finance & Insurance | |
Inventory Management Usage-Based Insurance | |
Operational Impact
The implementation of Nintex K2 Five has significantly improved the operational efficiency of Chaucer Syndicates. The new automated workflow has not only saved hundreds of employee hours but also improved the transparency of the risk analysis request process. Underwriters, regardless of their location, can now easily track the status of their requests, leading to increased satisfaction with the overall service. The built-in reports provided by Nintex K2 Five offer valuable insights into the request process, helping managers ensure the team is properly resourced and set realistic expectations, especially during busy policy renewal periods. | |
Quantitative Benefit
Saved more than 600 employee hours each year | |
Handled over 1,000 requests for risk models annually | |
Improved service for 20 underwriters based in various global locations | |