Client: Property & Casualty Insurer

A leading provider of Property & Casualty insurance, serving customers across forty-eight states for over a century, faced significant challenges in managing cash flow, customer service, and communication due to issues with critical document returned mail.

Problem

Based in Chicago, this property and casualty insurance carrier encountered persistent issues with returned mail containing critical documents such as Premium Bills, Renewal Offers, and Cancellation Notices. These undeliverable-as-addressed items were returned to the company’s headquarters, leading to daily disruptions in servicing consumer and business customers. Internal attempts to manage the problem, including capture, phone research, and address updates, proved inefficient, resulting in service delays, cash flow issues, and resource-intensive efforts to locate customers.
Two businesswomen reviewing information on a tablet while sitting at a cafe table with coffee cups.

The company recognized this challenge as an opportunity for operational, financial, and customer service enhancements, prompting them to seek immediate improvements from Horizontech.

Results

Upon engaging Horizontech, the company witnessed significant improvements in its workflow within the accounting and customer service departments:
Rapid Implementation Process

Rapid Implementation Process

Horizontech’s solution allowed swift implementation and promptly addressed the issue.
Accurate Measurements and Statistics

Accurate Measurements and Statistics

For the first time, the company gained precise insights into their returned mail metrics, enabling informed decision-making.
Enhanced Update Rates

Enhanced Update Rates

With update rates exceeding 50%, the company experienced substantial improvements in its ability to reach customers.
Expedited Billing Reissue

Expedited Billing Reissue

Initial bills were captured, searched, and reissued to customers within three to five days, compared to the previous timeframe of one to three months.
Improved Customer Service

Improved Customer Service

Real-time updates enabled faster response times, enhancing the overall customer service experience.
Updated Contact Information

Updated Contact Information

The solution facilitated the timely updating of phone information for subsequent follow-up, ensuring effective communication.

By leveraging Horizontech's expertise, the company achieved remarkable results, including a return on investment (ROI) exceeding 25:1. This demonstrates the tangible impact of optimized workflow solutions on their business operations and customer satisfaction.

Schedule a call with one of our knowledgeable advisors today to see what Horizontech can do for your business.

Schedule a consultation with us today and discover how our expertise in workflow orchestration can transform your operations.