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Standard Life Healthcare, UK
(http://www.standardlife.com)
Standard Life Healthcare (Health Insurance Company
of the Year, 2001) offers a range of individual and company plans
to over 350,000 customers. SLH is currently fourth in the private
medical insurance market, with over £155 million gross written
premiums (2000).
Momentum works with SLH through our partners TCS-Intelenet
in India. A team of 60 dedicated staff handles indexing, invoicing
and advanced invoicing, as part of SLH’s Personal Medical
Insurance Process, with work queuing from the UK being turned around
within the day.
SLH quality-checks the outsourced work: early
on, they discovered that the team had achieved quality targets set
for 3 months within just 3 weeks, achieving 100% productivity. As
a result of the consistent accuracy and speed of the work undertaken
in India, SLH has been able to minimize the checks required (down
from 30% to just 5%), creating additional and unexpected savings
in terms of own-staff resource and cost.
SLH has achieved the Board vision of extending
and enhancing resources, increasing their quality whilst achieving
cost savings.
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