Financial Services and Insurance Consulting

Carpedia has a proven track record of helping insurance and financial services companies identify opportunities for growth and profitability while navigating the complex challenges of managing regulatory risk and compliance.

Leading insurance and financial services companies turn to Carpedia to improve customer satisfaction and retention while increasing their operational effectiveness. Engagements are typically implementation-based, generate an average ROI greater than 3:1, and are self-funding within 12 months.

Improvement Areas

  • Productivity Improvement
  • Service Excellence
  • Sales Effectiveness
  • Internal Teams and Capabilities
  • Cultural Alignment

Sectors

  • Investment Banking
  • Merchant Banking
  • Credit Unions
  • Insurance
  • Branch Operations
  • Mortgage Administration

Some of Our Clients

How We Help

Improving Productivity and Customer Satisfaction

We understand the unique challenges you face in trying to implement performance improvements in a highly regulated environment and our financial services consulting services can help. We pinpoint opportunities for improvement by identifying bottlenecks and unnecessary complexities in your processes and workflow, prioritizing activities that have the greatest impact on customer satisfaction and productivity.

Coordination breakdowns between product development, sales/distribution, operations, and support can cause increases in processing time, call volume and handle time that lead to poor customer service.  Additionally, this causes costs to escalate, as more staff is permanently “required” in response to the temporary spike in poor customer service and complaints.

We address these issues head‐on with a comprehensive approach. By focusing on your process, your management systems, and leadership development of the business units, both silo and holistic, we help implement solutions that improve your operational and administrative productivity, increase service levels, and improve customer retention.

Delivering Measurable Results

Our financial services consulting and insurance consulting services deliver measurable results by working closely with your leadership team to identify and correct operating problems. We consistently deliver greater than 2X return on investment in our fees, with cash neutrality typically occurring in less than 12 months.

We don’t just make recommendations and hand you a report. We work closely with your team to implement programs and process improvements—providing coaching and support every step of the way. We also provide your leaders with the tools and systems they need to control the flow of work, improve communication between departments, and deliver sustained results.

CLIENT EXPERIENCE

More effective sales planning and better results

“Carpedia quickly identified the key areas which would free up enough time for our sales force to focus on sales activities. We implemented a Sales Activity Management system to manage the proposal process. This provided statistical information to enable more effective sales planning and better results.”

Vice President, Green Shield

Financial Services Client Testimonials
2020-09-22T08:22:49-04:00

Vice President, Green Shield

“Carpedia quickly identified the key areas which would free up enough time for our sales force to focus on sales activities. We implemented a Sales Activity Management system to manage the proposal process. This provided statistical information to enable more effective sales planning and better results.”

Implemented changes that have streamlined our administrative functions & unburdened our sales force

“With Carpedia’s guidance we have implemented changes that have streamlined our administrative functions, unburdened our sales force from administrative tasks and empowered them to complete more deals, faster and more efficiently. We have become strong supporters of the Carpedia approach to process improvement, and have initiated a training program for our entire senior management team to spread this philosophy through all the various facets of our business.”

President, Morguard Investments Ltd.

Financial Services Client Testimonials
2020-09-22T08:35:19-04:00

President, Morguard Investments Ltd.

“With Carpedia’s guidance we have implemented changes that have streamlined our administrative functions, unburdened our sales force from administrative tasks and empowered them to complete more deals, faster and more efficiently. We have become strong supporters of the Carpedia approach to process improvement, and have initiated a training program for our entire senior management team to spread this philosophy through all the various facets of our business.”

Significant improvements in costs and outcomes

“Carpedia offers companies the opportunity to bring a rigorous disciplined analysis to labor intensive processes, realizing significant improvements in costs and outcomes. I believe my recent promotion to our senior management team is a direct result of the having Carpedia come in and help my team become more effective and efficient. Thank you for making us look so good!”

Senior Vice President, Foresters

Financial Services Client Testimonials
2020-09-22T08:34:03-04:00

Senior Vice President, Foresters

“Carpedia offers companies the opportunity to bring a rigorous disciplined analysis to labor intensive processes, realizing significant improvements in costs and outcomes. I believe my recent promotion to our senior management team is a direct result of the having Carpedia come in and help my team become more effective and efficient. Thank you for making us look so good!”
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Financial Services Client Testimonials