A leading Global Reinsurer achieves transformational efficiencies with Contify

In a high-stakes industry where anticipating shifts is as crucial as responding to it, a leading global reinsurance firm found its intelligence stuck in the past. 

Despite investing millions in premium market data resources, the company’s processes were largely manual, fragmented, and unsuited for the speed at which the reinsurance industry is evolving. It was also prone to layers of legacy systems, disconnected teams, and a siloed system. 

“We have state-of-the-art data sources, but first-mile inefficiencies bottleneck us. Our analysts manually download, extract, and format data, which consumes nearly 8 hours of their time per week.” – Senior Strategy Analyst, Corporate Strategy Division

The result? The firm was missing early visibility into reinsurer partnerships, shifts in global solvency regulations, and underwriter hiring patterns across emerging markets. In one instance, a delayed insight into a competitor’s syndicate exit led to missed client re-engagement. The company needed to move away from reactive reporting to a future-ready intelligence function.

The Strategy team collaborated with IT and Operations to evaluate multiple CI platforms. Key selection criteria included ability to integrate with internal tools, handle multilingual/regional data, reduce duplication, and simplify governance. Post analyzing many tools, they finally went ahead with Contify’s market and competitive intelligence (M&CI) platform owing to its configurability, precision filters, and industry-aligned taxonomy

Contify delivered across five key dimensions for the company:

1. Automated information gathering from 1 million+ global public and premium sources, including news portals, job boards, company websites, and analyst reports, eliminating manual data collection.
2. AI-powered extraction and tagging of key facts, trends, and insights using Contify’s purpose-built intelligence engine, and further categorizing them by themes such as “AI investments,” “market expansions,” “hiring trends,” and more. 
3. Structured creation and dissemination of key information via newsletters and executive dashboards tailored to the needs of different stakeholders.
   1. Strategy leaders now get dynamic dashboards to steer quarterly planning.
   2. Underwriting teams monitor pricing signals and peer expansion in real time.
   3. Senior execs receive Monday morning intelligence briefs auto curated from Contify’s feed.
4. Integrated data management of internal and external sources on one single platform, unlocking the full value of the organization’s existing data investments.
5. Trend analysis and visual dashboards allow stakeholders to get a comprehensive view, including competitor hirings, new regulations, press releases around market disruptions, and even partnership activity.

“We no longer chase information. Thanks to Contify, information now comes to us, curated and contextually relevant. It’s the platform’s intelligence that works for us, not the other way around.” – Senior Strategy Analyst, Corporate Strategy Division

Following the implementation of Contify’s intuitive market and competitive intelligence platform, the reinsurance giant has experienced the following impact. 

• Reduced manual data collection time by 70%, thereby saving up to 10 hours per week.
• Improved insights turnaround time from 2-3 days to 1-2 hours. 
• Increased analyst productivity by 2X, allowing them to focus on more important tasks.
• Reduced time to analyze and summarize by 50% through AI-powered processing.
• Faster report delivery, from monthly to now weekly, and in an automated manner.

By implementing Contify, this global reinsurance company didn’t just optimize its intelligence function; it completely redefined it. The company has now transitioned from static reports and delayed reactions to a robust competitive intelligence engine that constantly fuels the company’s strategic foresight.

This shift didn’t just save hours. It changed how the firm monitors competitors, reacts to regulation, and identifies regional trends. What was once a fragmented, spreadsheet-led reporting cycle is now a real-time intelligence engine guiding strategic growth.

Are you ready to transform your intelligence operations with Contify just like this global reinsurer? Contact us today.