The reinsurance market has very special requirements, which Capco has the experience and skills to meet them. We understand reinsurance from a global perspective and have the deep consulting and technical ability. Our digital and business consulting expertise can help you to build reinsurance-specific solutions uniquely tailored to your organization’s needs.
Strategy Consulting
- Digital strategy
- Portfolio rationalization
- Agile training and coaching
Digital Insurance Implementation Consulting
- Digital Centers of Excellence (CoE)
- Defining Digital
- Artificial intelligence and machine learning
- Customer experience (CX)
- Robotic process automation (RPA) - Data science
- RPA implementation services
- Digital assistants - chatbots
- AI / ML data mapper
- Digital hub
- Cybersecurity and resiliency services
- Financial crimes
Compliance and Risk Management
The regulatory environment is increasingly complex and always changing. Failure to maintain compliance carries stiff financial and reputational consequences.
Capco can help you assess your risk, develop a comprehensive compliance management system (CMS), establish customized policies and procedures, educate your staff, monitor and test for ongoing compliance, remediate apparent violations of law and other compliance weaknesses, generate useful management reports, and successfully prepare and respond to regulatory examinations.
Process Digitization - Blockworkx
In a competitive, changing business environment, insurance companies gain competitive advantage and reduce costs by transforming their organization’s processes. At Capco we can optimize your business processes with a proven methodology and an enterprise-wide digitization solution called Blockworkx.
Blockworkx leverages pre-built and tested patterns (i.e., processes) that enable efficient, agile business processes to be rapidly stood up and evolve with your business needs. Our solution enables organizations to use a suite of functionalities to improve efficiency, continually improve and rapidly modify processes to respond to changing business needs and integrate new digital capabilities.
Find out how we can help you transform your insurance business by emailing insurance@capco.com.
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The attitude to cyber insurance is changing. Now seen as a core element of mainstream business risk management, the global cyber insurance market is projected to triple and reach $7.5 billion by the end of the decade. These levels of growth present insurers with massive opportunities - however, cyber insurers are waking up to a tough reality.