Toptal cuts reinsurance company’s onboarding time from 3 months to 1 week.

A reinsurance leader enlisted Toptal’s expertise to expand and strengthen partnerships, focusing on cost-effective and streamlined onboarding processes.

Client

A Switzerland-based reinsurer and insurance firm providing global risk transfer and financial resilience solutions.

Employees

14,000+

Revenue

$49.7B

Industry

Financial Services

Delivered Services

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Challenge

The reinsurance leader needed to rapidly expand its partner network whilst managing partner-specific data delivery methods and regulatory frameworks without increasing costs.

Solution

Data Model Centralization

Toptal developed centralized data models to integrate diverse partner methodologies, significantly reducing onboarding time and improving scalability.

Complexity Management Strategy

Using a systematic MoSCoW classification method, Toptal prioritized essential data fields, accommodating varied regulatory requirements across partners.

Outcome

Accelerated Onboarding Process

By reducing onboarding time from three months to one week, Toptal enabled swift partner integration, facilitating quicker market expansion.

Expanded Market Reach

The improved onboarding efficiency and analytics allowed the reinsurance leader to enter new markets and increase sales, bolstering competitiveness.

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