Implementing Complex Insurance Roadmap Updates Using Deep Regulatory Experience to Enable Client's Carriers, Agents, and Brokers

Overview

RCG's client is a well-respected major insurance core cloud-based policy, billing, claims, and data analytics platform provider for tier 1-4 carriers, managing general agents (MGA), and brokers. Building upon the strength of the platform, RCG's client provides industry-leading compliance maintenance with ISO, NCCI, AAIS, and independent bureaus updates. Its unrivaled industry experience, thought leadership, and compliance capabilities enables RCG's client to focus on business optimization through a superior policyholder experience.

Strategy and Goals: Leveraging RCG's Insurance and Delivery Expertise for a Successful Implementation

When the client engaged RCG to assist with implementing the ISO bureau roadmap, the RCG team leaned on their expertise in automation, application management, and the insurance industry to ensure the project's success. For RCG, it was a natural fit, as we operate with a proven brand promise that emphasizes building long-term relationships based on collaboration and trust.

This led to a project approach focused on the following:

• Defining a methodology to quickly scale the team without compromising quality or timeliness
• Defining an approach to simultaneously implement ISO roadmap scope and resolve simple to moderate issues impacting customer satisfaction  
• A delivery order based on client need, impact on the system, and effective date with a goal to drive high levels of development reusability
• Leveraging RCG expertise in application development, testing, maintenance, and support methodologies to drive predictable results
• Alignment of the development, forms, analytics, and back end to deliver the final product as a single combined unit of high-quality work

Throughout the development and implementation support phases, RCG was also able to tap into its extensive relationships with industry subject matter experts. These experts provided valuable insights into:

• The intent of the changes.
• How to implement the changes.
• Planning the changes to the solution architecture that would be needed for it to accommodate the new ISO requirements.
• Building customer communications describing the changes.

The Final Results: Exceeding Expectations and Ensuring Customer Satisfaction

Because of all of its prior coordination, preparation, and planning, RCG's client successfully integrated the ISO roadmap rules, rates, and regulatory and forms updates into its product. The client and RCG team have also exceeded internal SLAs for deliverable quality and timeliness.

Since implementation, RCG's insurance industry expertise—paired with its proven application maintenance and support methodologies—has allowed the client's competency center to provide the responsive, personalized support its customers need to stay compliant. This allows the client to maintain its competitive edge through comprehensive and enhanced bureau support in combination with platform enhancements.

Want to experience the same results as this client with the support of RCG's deep bench of industry and technical expertise? Then take a moment to set up a personalized meeting now!