Case Study: Toa Re automates reinsurance underwriting with Progress Corticon

Toa Re automates underwriting for 290 diseases with Progress Corticon

Toa Reinsurance Company, Limited (Toa Re), a Japanese reinsurance firm, faced the challenge of a complex and time-consuming manual underwriting process. This created a heavy workload for their specialized underwriters and risked delays that could impact their reputation. To remain competitive and improve efficiency, Toa Re sought to automate this process and selected Progress Software's Corticon as their business rules engine.

The solution implemented by Progress involved developing an automated underwriting system powered by Corticon. This enabled Toa Re to register rules for 290 diseases, freeing up expert underwriters to focus on higher-value work. The results included a more efficient process where staff without specialized knowledge could perform assessments, ensuring consistency and quality while improving productivity across the organization.