SUCCESS STORIES

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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%

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