Company Growth Strategy and Implementation
MVP provided the IT and Operations modernization and back-office implementation strategy for a life insurer seeking to grow its business 10-fold in the next five years. The strategy included the business case, gap analysis and implementation plan for policy administration, compensation, point of sale, valuation and customer communication. The client subsequently hired MVP to coordinate the selection of specific vendors, secure agreements and manage the implementation of the program from inception to successful market launch.
Third Party Administrator Growth Strategy Recommendation
MVP advised the owners of a life, annuity and supplemental health TPA on growth opportunities and carrier TPA services buying trends. Provided reviewed the current technology and business operations capabilities and provided an action plan to enhance the TPA’s offerings, including the identification of potential TPA partners and prospects. MVP identified the requirements for and managed the selection of a health insurance policy administration and claims management platform to consolidate health systems.