Project Highlights
Falcon Risk Services is a managing general agency focused on underwriting and claims management of financial, professional, and cyber liability insurance across the United States. Their partner and writing company is HDI Global Specialty SE.
Recognizing technology’s potential to transform their operations, Falcon intentionally focused on a designed approach to leverage data as a core competitive asset. Data modernization fit perfectly into their broader vision for their future: Falcon planned a seamless transition to a digital-first model. This ambitious undertaking would also modernize their internal systems, increase automation to streamline processes and reduce manual errors, and improve scalability. By embracing digital transformation, Falcon aimed to provide faster, more efficient, and accurate services to its clients, helping them stay competitive in a rapidly evolving market.
Benefits
- 12 data sources incorporated and ingested
- 70% operational efficiency improvements
- Comprehensive views for customer, agency, sales, underwriting, claims, retention, finance, and portfolio
- Accelerated speed to insights
- Enhanced data-driven decision-making
- Improved organizational visibility
