Software AG Case Studies Unlocking the Power of Integration

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	Unlocking the Power of Integration Software AG

Unlocking the Power of Integration

Software AG

Technology Category	Application Infrastructure & Middleware - API Integration & Management Application Infrastructure & Middleware - Data Exchange & Integration
Applicable Functions	Business Operation
Services	Software Design & Engineering Services System Integration
Challenge	The insurance company, despite its rapid growth and global presence, was facing challenges with its data integration platform. The legacy system was resource-intensive, expensive to maintain, and required specially trained personnel to operate. It was also not scalable, making it unfit for the company's growth trajectory. The insurance industry relies heavily on efficient data management for real-time business decisions, and the company's existing system was proving to be a significant barrier to growth. The company needed a solution that could integrate data from disparate systems, streamline operations, and scale with the company's growth. Read More
About Customer	The customer is a leading global insurance services and underwriting agency. The company, which was formerly composed of separate entities, has experienced rapid growth over the past two decades. It currently operates in 215 countries worldwide, with over 7,000 employees spread across more than 100 offices. The company owns the largest syndicate at Lloyd’s of London, with £1,726m of gross written premiums, and has six underwriting hubs and more than 55 offices around the world. Read More
Solution	Software AG's webMethods was chosen as the solution to the company's data integration challenges. The IT team was impressed with Software AG's technical expertise and its ability to align with the company's vision. A close partnership was formed, and Software AG's consulting service experts designed an integration platform that removed data bottlenecks and allowed the company's managing agents to focus on running a smooth and efficient business. The implementation took nine months and included the creation of an Integration Competency Center, which led to the development of a new breed of internal consultants. The platform went live in the U.S. in 2014, providing managing agents with new functionalities to boost their performance. Read More Log in to view content
Contents

Technology Category

Application Infrastructure & Middleware - API Integration & Management

Application Infrastructure & Middleware - Data Exchange & Integration

Applicable Functions

Business Operation

Services

Software Design & Engineering Services

System Integration

Challenge

The insurance company, despite its rapid growth and global presence, was facing challenges with its data integration platform. The legacy system was resource-intensive, expensive to maintain, and required specially trained personnel to operate. It was also not scalable, making it unfit for the company's growth trajectory. The insurance industry relies heavily on efficient data management for real-time business decisions, and the company's existing system was proving to be a significant barrier to growth. The company needed a solution that could integrate data from disparate systems, streamline operations, and scale with the company's growth.

About Customer

The customer is a leading global insurance services and underwriting agency. The company, which was formerly composed of separate entities, has experienced rapid growth over the past two decades. It currently operates in 215 countries worldwide, with over 7,000 employees spread across more than 100 offices. The company owns the largest syndicate at Lloyd’s of London, with £1,726m of gross written premiums, and has six underwriting hubs and more than 55 offices around the world.

Solution

Software AG's webMethods was chosen as the solution to the company's data integration challenges. The IT team was impressed with Software AG's technical expertise and its ability to align with the company's vision. A close partnership was formed, and Software AG's consulting service experts designed an integration platform that removed data bottlenecks and allowed the company's managing agents to focus on running a smooth and efficient business. The implementation took nine months and included the creation of an Integration Competency Center, which led to the development of a new breed of internal consultants. The platform went live in the U.S. in 2014, providing managing agents with new functionalities to boost their performance.

Impact #1	The company was able to slash development cost and time.
Impact #2	The new integration platform opened up disparate data ecosystems, making data more accessible and usable.
Impact #3	A user-friendly interface was built for non-technical users, improving usability and efficiency.

Impact #1

The company was able to slash development cost and time.

Impact #2

The new integration platform opened up disparate data ecosystems, making data more accessible and usable.

Impact #3

A user-friendly interface was built for non-technical users, improving usability and efficiency.

Benefit #1	The company was acquired for $4.1 billion in 2015, a testament to its increased value after the implementation of the new integration platform.

Benefit #1

The company was acquired for $4.1 billion in 2015, a testament to its increased value after the implementation of the new integration platform.

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Overview

Unlocking the Power of Integration

Operational Impact

Quantitative Benefit