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Case study: 1 insurance company. 51 processes. 4 countries. 5 languages Martin Stepanek & Jan Marek – Generali PPF Holding Roberto Biondini – Bizagi

Generali: How We Cut Insurance Quote Preparation by 60%

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Generali CEE Holding comprises businesses in 14 countries and is among the most important insurance providers in Central and Eastern Europe. In this quick overview, Jan Marek & Martin Stepanek of Generali CEE Holding explain how the leap to electronic, automated systems enabled them to achieve impressive ROI including reduction in quote preparation by 60%. Learn why the principles of data-centricity, reuse and agility were key to a Group-wide initiative that has seen BPM delivered in 4 countries and 5 languages - all with a system that cost just 50% of competitor systems.

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Page 1: Generali: How We Cut Insurance Quote Preparation by 60%

Case study: 1 insurance company.51 processes. 4 countries. 5 languages

Martin Stepanek & Jan Marek – Generali PPF Holding

Roberto Biondini – Bizagi

Page 2: Generali: How We Cut Insurance Quote Preparation by 60%

Introduction

Martin Stepanek

Jan Marek

Roberto Biondini

Q & A

1

2

3

4

5

A data-centric system

is the foundation for

good case management.

This is what Bizagi does

well.

M. Stepanek – Generali PPF Holding

Page 3: Generali: How We Cut Insurance Quote Preparation by 60%

Automating underwriting processes across

multiple countries, companies & languages

Martin Stepanek

Page 4: Generali: How We Cut Insurance Quote Preparation by 60%

Who is Generali PPF Holding

Leading insurance group in Central and Eastern Europe.

It provides know-how & a professional and operational base for its

insurance companies in 10 countries.

In 2012 total premium income amounted to €3.5 billion.

Page 5: Generali: How We Cut Insurance Quote Preparation by 60%

BPM Project Objective

To support

the most complex insurance process

in a multi-company

and multi-language environment

Page 6: Generali: How We Cut Insurance Quote Preparation by 60%

Areas for improvement

Process Management

Document Management

Improve Working Environment

Measure Business Performance

Measure Process Performance

Page 7: Generali: How We Cut Insurance Quote Preparation by 60%

Project Roadmap

2010 – Solution selection

2011 – Delivery of 1st version

2012 – Coming life

2013 – Maturing

2014 – Full policy administration

Page 8: Generali: How We Cut Insurance Quote Preparation by 60%

Corporate Insurance Processa brief background

Page 9: Generali: How We Cut Insurance Quote Preparation by 60%

Quoting Process

Page 10: Generali: How We Cut Insurance Quote Preparation by 60%

51 processes delivered with

711 process elements in total

in 4 countriesGenerali Czech Republic

Generali Slovakia

Generali Poland

Generali Hungary

deployed in

5 languagesCzech, Polish,

Hungarian, Slovakian,

English

438 entities2,299 forms

Page 11: Generali: How We Cut Insurance Quote Preparation by 60%

Benefits & ROI delivered

Simple and easy to understand reporting of

business portfolio for users

Quote preparation reduced up to 60%

Standardized Quote PDF Layout

50% savings in IT costs

Page 12: Generali: How We Cut Insurance Quote Preparation by 60%

Lessons Learnt

BPM and BPMN capture most of the business logic

including Case Management.

It is better to build several tailor-made processes

compared to one general process.

It is better to build more specialized user forms

compared to one general form.

Page 13: Generali: How We Cut Insurance Quote Preparation by 60%

State of the Art BPM is availableGPH Corporate Risks Application supports whole Products and Processes

Lifecycle

Page 14: Generali: How We Cut Insurance Quote Preparation by 60%

Puccini BPM Features & Capabilities

Processes are defined & documented

Control & visibility

Alarms & notifications

Performance analysis & reporting

Auditing & traceability

Workload routing & balancing

Business rules

Page 15: Generali: How We Cut Insurance Quote Preparation by 60%

Puccini BPM Features & Capabilities

Out-of-the-box web portal

Process versioning

Seamless deployment

Data Modeling within the BPM Suite

Enterprise class

System integration

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Generali PPF Holding Demo

Jan Marek

Page 17: Generali: How We Cut Insurance Quote Preparation by 60%

Easy

350+ customers globally

& more…

Process Automation

Intuitive

Fast

Flexible

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Bizagi’s Unique BPM Stack

Page 19: Generali: How We Cut Insurance Quote Preparation by 60%

Model Once - Run Anywhere

Windows | iOS | Android

Desktop | Smartphone | Tablet

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Product Demonstration

Onboarding Process

• Insurance company Employee

Onboarding process

• As a line manager, start the process on

the iPad and complete the initial

employee form

• As the head of department, approve

the request from the iPhone

• Look at real-time and historical

reporting available on the iPad

Page 21: Generali: How We Cut Insurance Quote Preparation by 60%

Comprehensive online resources

www.bizagi.com

• Product downloads

• Complete product documentation

• Free online training

• Whitepapers

• Videos