PegaWORLD 2015: Xchanging Uses Pega to Manage and Automate Their Nesett Service Offering for Insurers (Video)

Xchanging manages the bureau services to the world’s largest insurance market: Lloyds of London. Every global insurer balances regulatory compliance with the need to increase profitability. Tighter control on handling both client money and capital is balanced with improving process efficiency, reducing costs and making the best use of funds. In this session hear how Xchanging uses the Pega Platform for "Netsett"; a global utility service to deliver central accounting and net settlement. Furthermore, learn how they achieved a ~80% reduction in working capital, 30 days increase in speed of settlement and greater operational efficiency across all markets and geographies.

Speaker(s):

  • John Niblett, CIO, Insurance Services, Xchanging
  • Max Pell, Managing Director, UK Insurance Services, Xchanging