Financial Services

Insurance

Insurers across the board are facing significant industry consolidation and heightened competition from banks and investment companies – not to mention sweeping changes in the regulations governing all financial services firms.  The best in the industry are able to stay ahead of the competition by developing new products and services, effectively managing claims, enhancing operational effectiveness and providing constituents and investors with improving returns on invested capital – even during an economic downturn. 

Navigant’s Insurance team works with our clients to provide comprehensive business operations, technology, risk and compliance solutions.  We focus on managing the complex challenges facing life insurance, annuities and retirement, and property and casualty companies, such as:

  • Design and delivery of cost-efficient operating models
  • Managing financial, regulatory and operational risk
  • Distribution strategy design and delivery
  • Technology evaluation, selection and implementation 
  • Merger and divestiture support
  • Operational and IT benchmarking
  • Strategic compliance program strategy, development and evaluation
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    2008 MCA Management Awards: IT Outsourcing Case Study

    Navigant Consulting won the ‘Best Outsourcing Consultancy’ category at the Management Consultants Association Awards 2008 for its work with Skandia

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    Life, Annuity and Retirement Services

    Companies in the life, annuities and retirement services face many challenges in today's market. Navigant can help.

With Navigant’s help…

…a global life and pensions company significantly cut their operating costs
…a major European insurance company developed new distribution systems for the post Retail Distribution Review world
…a multinational insurance company delivered a new product into three markets using a new global hub manufacturing approach

 

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