Beazley:
Industry: Banking, Financial Services & Insurance
Delivery Center: Europe
Industry: Banking, Financial Services & Insurance
Delivery Center: Europe
The insurance industry operates with slow innovation cycles due to stringent regulations, making it hard for them to modernize quickly. However, growing customer demand for personalized products and pricing, alongside increasing regulatory complexity, is driving the need for more agile infrastructure and advanced data capabilities. Insurers must upgrade their legacy systems and adopt scalable, cloud-based solutions to improve operational efficiency, ensure compliance, and meet market expectations for personalized offerings.
Our client, Beazley, a top specialty insurance company in Europe, struggled with outdated legacy IT systems and data silos that hindered digital transformation and customer experience. Limited capabilities to extract insights from structured and unstructured data, impacted the client’s underwriting and pricing models. Additionally, the client lacked scalable cloud infrastructure and advanced analytics capabilities. This limitation affected their operational efficiency and compliance with evolving regulatory demands, putting their market competitiveness at risk.
Encora partnered with Beazley to modernize their technology infrastructure and data capabilities and provided a comprehensive suite of services that included:
Encora successfully transformed Beazley’s data infrastructure, improving scalability, real-time processing, and regulatory compliance.
Santa Clara, CA
+1 669-236-2674
letstalk@encora.com
Innovation Acceleration
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Santa Clara, CA
+1 (480) 991 3635
letstalk@encora.com
Innovation Acceleration
Follow Us: