Property & Casualty Solutions: Shortened Product Development Cycle Time Genpact’s commitment to process development, combined with our pragmatic reengineering and innovative analytics, enable companies to achieve rapid and successful product launches through our delivery of needed actuarial services, market assessment, competitor mapping and pricing models. Our Approach Genpact’s approach is based on unparalleled depth & breadth in off-shore product development support. We have over 10 years experience in use of industry leading tools such as SAS, PTS, APL, UNICA, Siebel, Knowledge Seeker, MG ALFA, Profit, Hyperion, Essbase and Cognos. By providing treaty pricing support, we have helped actuaries and underwriters in building reinsurance pricing applications. Our support also extends to business research for market trends and analysis of countries, lines of business and competitors to aid in new product development. We put a strong emphasis on human capital development with industry leading practices and execution that drive best in class attrition results. This emphasis on employee development includes established actuarial development programs supporting India, UK, and US exams with more than 100 associates enrolled. This kind of dedication is seen throughout our team of associates with over 200 analysts working in insurance across marketing, research, risk management and actuarial. Associates have 5-plus years experience and over 90 percent of analysts have an advanced degree in quantitative sciences or management. Our overall commitment utilizes our end-to-end thinking to deliver business impact for Property & Casualty companies. We provide a gain share mechanism for incentives that create real impact and a commitment to baseline as well as year on year productivity. These services, enhanced by standardization, benchmarking, reengineering and analytics bring value to our offerings with increased efficiency delivering strong controllership and compliance. Client Successes A major global reinsurer was facing problems from both its internal underwriters and its distribution channel in creating and pricing new reinsurance treaty offerings. Working with Genpact, they were able to meet this challenge and speed time-to-market in this critical part of the global reinsurance marketplace.