Insure The Box
CASE STUDY
InsureTheBox (ITB) is a leading Telematics motor insurance provider in the UK. They fit black boxes into the cars of new drivers and monitor their driving practices. This personalises the insurance quote for the young driver, based on real-time statistics gathered during the period of installation.
Project:
Guidewire PAS Implementation and Data Migration
Project:
Guidewire PAS Implementation and Data Migration
The Challenge
ITB is undergoing a platform transformation programme to enhance customer policy and claims experiences by implementing a Guidewire solution.
As a key requirement of the CBP programme, ITB is evaluating the strategy for migrating its policy and claims data from the existing in-house platform to Guidewire.
ITB considered doing the data migration in-house before seeking 3rd party assistance.
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- The cost of implementing the Guidewire system was escalating using a systems integrator.
- Struggling to get business analysts and configurators.
- The client didn’t have the skills in data migration.
The Solution
- TDC was engaged in a partnership to successfully migrate the policy and claims data to Guidewire using the BITSHIFT framework, essentially a SQL-based migration engine.
- The data volumes migrated from their legacy database to the new system totalled c. 260k (policy and claims data). There was no impact on the existing infrastructure.
- The project involved 6 people from the technical team: architects, developers and migration analysts.
Key Benefits
- Reduced costs for resources with correct skills.
- The removed risk from overrunning on data migration costs by providing a fixed price.
- Experts in data migration were used to deliver the project.
- Access to up-to-date, accurate and real-time information
- Completed data migration from legacy database to new data system: Guidewire
- Improve client policy and claims experiences
- Data storage is now in one central repository
