SICS Health Check – In Partnership with DXC Technology

Is your SICS engine running at peak efficiency? Discover the “SICS Health Check – In Partnership with DXC” and ensure your reinsurance operations are streamlined, adaptable and ready for tomorrow’s challenges. With evolving risks and new requirements, get the most out of your core system. Fine-tune your SICS for optimal performance and unlock its full potential – because a resilient reinsurance engine is the key to staying ahead.

Are you asking yourself

Is our current SICS set-up optimised to handle the evolving complexity of our reinsurance operations?
What specific enhancements can a SICS Health Check bring to our contract management and data quality capabilities?
How can we minimise manual workarounds and align SICS functionalities with our business needs?
What are the projected costs and return on investment for upgrading or reconfiguring SICS?
How can I integrate SICS into my system landscape more effectively?

What you will get from us:

Stakeholder interview write-ups
Detailed summaries of stakeholder interviews, capturing current system usage, pain points, and specific reinsurance needs.
Evaluation matrix
A comprehensive matrix evaluating the current SICS capabilities against key value-based criteria, identifying areas for improvement and alignment with business objectives.
System optimisation report
Clear documentation of prioritised use cases, detailing enhancements that can address specific pain points, reduce workarounds, and improve operational efficiency.
Improvement roadmap
An actionable plan for addressing key gaps and opportunities to improve your SICS capabilities.
Cost-benefit analysis and development recommendations
A cost-benefit analysis highlighting the potential return on investment of SICS improvements and providing actionable development recommendations to maximise system value.

Our Approach

Current state assessment

Collaborate with stakeholders to assess the current SICS setup, identify pain points, and map out challenges specific to reinsurance needs.
Pain point analysis

Conduct interviews and analyse workflows to understand how the existing SICS setup supports (or hinders) day-to-day operations, with a focus on where manual workarounds are occurring.
Evaluation of enterprise architecture and strategy

Work closely with management to review the alignment between SICS and the broader architecture, exploring opportunities for strategic enhancements.
Recommendation and roadmap

Provide an overarching roadmap for getting the most out of SICS. Provide recommendations based on a cost-benefit analysis, considering both short-term and long-term value, including evaluating urgency for system upgrades.