Financial Services
Financial Services

Throughput roadmap saving $2.7M for a global insurance joint venture

Location
Indonesia
Year
2019
Engagement
Profitability Improvement: Labour Optimization
The problem

Indonesian joint venture subsidiary of a top global insurer, seeking productivity improvement to manage growth. Referral from a previous Indonesian insurance client. Diagnostic performed over 5 weeks with focus on underwriting, claims, telemarketing and customer service.

Our approach

Our team trained client project team on productivity improvement toolkit and methodology. We conducted job observations to identify opportunities and develop lost-time estimates. We assessed processes and management operating system through cross-functional teams.

Case study figure

Measurable impact

IDR 35b

IDR 35b annualized in labor productivity opportunity

Financial Services

Case snapshot

Improve pacing and workload distribution through development of management tools and behaviors

Financial Services

Measurable impact

6 mo

Developed implementation plan to be conducted over 6 months

Financial Services

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