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Overview:
Winterthur is the leading insurance company in Switzerland. Winterthur was looking for a comprehensive BPM system to achieve cost control in the area of pension plan management by streamlining and standardizing processes. Having implemented other types of cost reduction programs common in the industry, Winterthur wanted to identify new savings opportunities and drive margins in what is a tough competitive arena. The company saw business process optimization as the way to achieve required cost savings and to leverage technology to remain at the market's forefront. As a solution Winterthur is using TIBCO's BPM software to standardize processes relating to management of savings accounts for pension benefits.
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