Many insurance companies lose money because they fail to identify or calculate viable reinsurance claims. Reinsurance is a complicated business, and clawing back claims can be convoluted. Genpact's ReFinder does the heavy lifting for insurers, unlocking value in the data and returning money to clients to invest or boost their bottom line.
Our category management and sourcing services span:
We partnered with a multinational conglomerate to manage end-to-end procurement, from category management and strategic sourcing to tactical operations. We consolidated the supply base, leveraged global spend, and implemented spend compliance controls, reducing operating costs. With full ownership of eight indirect categories across eight business units in 130 countries, we handled tactical activities and achieved significant savings, exceeding targets.