Case Study: Global Specialty Insurance Company achieves 5x operational efficiency with Quantemplate

Program & Fronting business streamlines data preparation process increasing efficiency

Global Specialty Insurance Company, an excess and surplus carrier writing specialty admitted programs and fronting business, was struggling with a manual data preparation process that took hundreds of man-hours and several weeks each month. This created higher operating costs, slower onboarding for new programs, and delays in closing the month-end process across dozens of programs and fronting arrangements. The company turned to Quantemplate to streamline its data workflow.

Quantemplate implemented an automated, repeatable ingestion and data preparation process, including business rule validations and feeds into downstream financial and reinsurance systems. The result was a 5x improvement in operational efficiency, a 2x reduction in operational expense, and month-end close reduced from weeks to days. Quantemplate also eliminated the need for outsourced verification services, improved data quality and accessibility, and increased the number of data views available across the business.