Case Study: Pekin Insurance cuts data verification time and saves over $100,000 with ValueMomentum

Pekin Insurance Enhances Statistical Reporting and Data Verification with Process Automation

Pekin Insurance, a U.S.-based insurer serving more than 900,000 policyholders, needed to modernize its workers’ compensation statutory reporting. The company was burdened by manual data extraction, verification, and reconciliation for NCCI and Wisconsin Compensation Rating Bureau (WCRB) filings, as well as manual SROI reporting, creating high overhead, compliance risk, and last-minute reporting stress. ValueMomentum helped Pekin address these challenges using its data services alongside Microsoft SQL Server and SSIS.

ValueMomentum implemented an automated end-to-end reporting solution that streamlines information extraction and data feed creation for statutory and SROI reporting. The new process generates feeds in about 30 minutes, creates them 15–20 days before due dates, and cuts verification time by at least 75%, reducing monthly review effort from about 40% of records to less than 3%. Pekin also eliminated a manual claims task, recovered at least 50 staff hours per month, and is saving over $100,000 while reducing regulatory risk.

Pekin Insurance

Joan Hatler

Enterprise Data Steward