Business case : Insurance
A Swiss financial group wanted to optimise its sickness and accident (LAA / LAAC) insurance costs. Insurance was managed by a broker for many years. Significant costs incurred on these multi-year contracts.
Costbrokers completed two RFPs simultaneously both with brokers and with insurers. Costbrokers worked in parallel with client specialists team to optimise various identified levers. Actuaries were also involved to reduce premiums while maintaining the same level of coverage.
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