www.nuvento.com
f the largest insurance companies in the over USD 4 million in revenue, Nuvento’s d implemented endto-end BI solutions for g its extensive business.The company was insurance and financial services around 41 hey were having a client base of 15 million s and more
There were approximately 20,000 employees. However, in order to obtain a major competitive advantage, the client wanted to assure the quality of its data and operations was on equal level with the top in the business world.
Nuvento business
Key Challenges
Over 35 business lines required quality data for accurate reporting.
Data volumes increased to more than 6 terabytes, covering claims, payment, audits, surveys, third-party integrations, and so on.
Despite significant efforts in integrating the BI solutions, the client lacked QA infrastructure and tools.
With the new BI applications, there was a significant amount of data change that had an influence on the firm. This resulted in a significant demand for testing at all stages of the project.
collaborated with the insurance company to provide Quality Assurance solutions, guaranteeing that BI solutions deployed met the requirements of the
organization.
Over a three-year period, the client expected a cost advantage of USD 750,000 per year. While installing testing solutions, no licence costs were paid. Every year, the insurance business saves more than $100,000. The offshore and onsite delivery models saved more than 50% of the cost of the present model, totaling more than USD 500,000 in savings.
Nuvento has effectively created a strong QA structure for the insurance customer over the last three years. Nuvento’s approach was to first create agile and cost efficient solutions, improving this with advanced technologies and frameworks over a period of time. Nuvento used a mixed delivery methodology that included offshore and onshore delivery.
Process: Benefits
The client now has an end-to-end QA system using Open Source products.
The usage of risk-based testing concepts lowered the overall effort by 40%.
The results were 100% audited, and all quality criteria were strictly followed.
All projects were completed with a quality rate of 97% or above.
Nuvento was able to provide QA solutions with cost-effective frameworks and reproducible components in a timely manner.
Cost:
Over a three-year period, the client expected a cost advantage of USD 750,000 per year. While installing testing solutions, no licence costs were paid. Every year, the insurance business saves more than $100,000. The offshore and onsite delivery models saved more than 50% of the cost of the present model, totaling more than USD 500,000 in savings.
