Insurance companies are currently facing huge challenges. Saturated markets, pressure for more efficiency, and legal regulations are forcing the insurance companies to reposition themselves in the market and to implement innovative business models.
As a result of the demand for efficiency and effectiveness, traditional sales structures are being supplemented by new sales channels such as banks and agents, cost structures are being improved through the optimization of vertical integration, and new customer requirements are being integrated with services. The top priority is innovation, and not just for the definition of business models, but also for operative IT technical support. And with an increasing level of market consolidation, the integration capability of a company is also becoming a competitive factor.
Implementing strategic goals for IT – the business alignment – is of crucial importance. That’s why, according to figures from the German Insurance Association (GDV), insurance companies are investing almost 40 percent of their IT budgets in the implementation of corporate and IT strategies, and nearly the same amount in projects for cost optimization. Both investment goals have something in common: The projects are becoming increasingly complex because their focus generally spreads across companies, divisions, or processes.
To meet these challenges, ESPRiT Consulting supports you with the following solutions:
- project portfolio management and integration
- project management for major projects
- strategic IT management
- consolidation of financial processes and template roll-out
Our consultants turn strategies into concepts and concepts into functioning solutions, and all on the basis of tried and tested methods and concepts. Our flexible teams see the project through from the first day to the last: Pragmatically and for a fair price. All of our consultants speak your language and know the world of insurance and reinsurance and none of them think they are too important to deal with your requests. Our goal is your success, and it’s a goal we love to achieve.