Case Study: Aegon achieves dramatic efficiency gains and cost savings with SAS

Insurer improves efficiency, reduces costs

Aegon, a global life insurance, pensions and investments firm, undertook a strategic modernization of its legacy SAS platform to improve data security, data quality and analytics. The goal was a “sea change” in how SAS was governed and used across the business—creating a single, accurate view of the business, speeding decision-making and enabling staff to work more efficiently and securely.

Working with SAS Professional Services, Aegon implemented a new Insurance Analytics Architecture based on SAS Enterprise BI Server, SAS Data Integration and SAS Enterprise Guide. The new platform cut some job run times by up to 50–60x, reduced mainframe usage by about 9%, and drove wide adoption (user counts grew from hundreds to over 1,000). These efficiency gains translated into substantial financial benefits (hundreds of thousands of pounds equivalent) and unlocked new analytics and regulatory capabilities, including support for Solvency II work.

Aegon

Charlie Ewing

Business Solutions Manager, Finance Business Solutions