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The client faced significant challenges with manual Excel-based premium calculations, including time-consuming processes, error-proneness, limited scenario flexibility, and data security vulnerabilities during customer record management and policy administration.
Multinational financial services company offering insurance policies, retirement plans, wealth management, and health insurance
Implementation of this mobile premium calculation platform is projected to reduce policy processing time by 70%, eliminate 95% of manual calculation errors, enhance customer satisfaction through instant scenario analysis capabilities, and achieve full compliance with financial data protection regulations while enabling scalable growth across digital channels.