About the customer – Customer is one of the top 3 B2B broker in the world

Customer Challenge

• Create a unified risk-based model for real-time underwriting & presentment of Insurance to a Business customer
• Lack of centralization, standardization and self-service of the enterprise data leading to higher time to market, costs & redundancies
• Point to Point Integrations leading to significant cost, lack of governance, data quality & missing single version of “truth”.

NucleusTeq Solution Approach

• Centralized, Standardized & Certified Data for Consistency
• Democratize Data through self-service API’s while eliminating redundancy
• Ensuring compliance to Enterprise data security guidelines
• Created a data model that accounted for various parameters such as IOT sensor data of the field worker, probability of injury, pattern analysis etc.

Outcomes Delivered

• Data Lake on Azure for unified data management & single source of truth
• Data integrity & quality with financial B&C
• Real-time (100 TPS) system for Insurance underwriting & premium processing
• Eliminated system redundancy by 40%