Insurance Transformation Services: Value Chain Solution Set
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Transformation Services: Value Chain Solution Set

Organizations that outperform the competition continuously demonstrate performance excellence across their entire financial and operational value chain - finance and corporate functions; reinsurance; product design; underwriting; policy administration; claims; marketing; distribution and customer relationship management.

FTI Consulting Insurance Practice helps clients achieve performance excellence and major transformations through a combination of closely linked solutions that are essential for achieving and sustaining desired business results.

In addressing transformational objections, it is important to understand that complex transformations are long term ventures involving quick successes to fuel and position long term changes. Our methodology is to apply an integrated approach, linking operations design, process, technology, people, efficiency, and risk and governance. We ensure that each element works in concert so the targeted transformation will meet objectives. We also ensure that that the right team with the right skills and experience are deployed to work with the client teams, providing insights, tools to help manage the transformation, program management approaches to provide the right level of governance, and act as a catalyst for the level of change needed.

The components of our transformation solution set include:

  • Target Operating Model (TOM) design and execution
  • Organizational design and culture realignment
  • Sourcing management
  • Process reengineering
  • Expense management
  • Technology enablement
  • Business intelligence and analytics
  • Data management
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