Case Study: Rosgosstrakh Insurance Company achieves 20x faster budgeting and full branch-and-agent visibility with Oracle Cloud EPM

Rosgosstrakh Transforms Insurance Business with Oracle EPM Cloud

Rosgosstrakh, one of Russia’s largest insurers with more than 8.5 million private and 240,000 corporate clients, 1,500 regional offices and 300 claim centers, faced a slowing, error-prone budgeting process built on disconnected Excel spreadsheets and macros. The company needed a centralized planning system to run multiple budget iterations, model by product, territory and channel, and gain detailed visibility into branch and agent performance as part of a broader digital transformation.

Rosgosstrakh deployed Oracle Cloud EPM Planning in a five‑month quick launch with minimal IT involvement and 400 users on board by month two. The cloud solution centralized budgeting across all branches, enabled multiscale scenario modeling and drill-down to 1,500 points of sale and 35,000 agents, sped up budget cycles (reported up to 20x faster), improved profit-and-loss control, strengthened agent motivation via linked compensation functionality, and supported compliance and the company’s three‑year transformation program.

Rosgosstrakh Insurance Company

Evgeniy Ilin

Deputy Finance Director