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Insurance: Policy creation reduced from days to hours
Elixir

Policy Production before Elixir:

The system used by this US-based insurance company to produce customer policies proved to be time consuming, expensive, labor intensive and susceptible to human error. Even minor periodic changes in the forms were difficult to implement because the current process required resources from IT ---- a group that was already very busy.
The company’s main objectives were to speed up new policy generation, reduce costs, eliminate errors, and permit changes in policies without requiring IT personnel. 

Policy Production with Elixir:

Using Elixir’s Opus to generate insurance polices, the company requires only a few hours from the time the policy is booked to when it is ready to be sent to the customer. In addition to faster product delivery, errors have been virtually eliminated. Changes in forms are easily implemented with Opus state-of-the art features.

Key Benefits:

• Policy creation time reduced from days to hours
• Errors nearly eliminated
• Policy revisions and new documents delivered quickly
• Full utilization of IBM®  Infoprint 60

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