about practiv
Practiv specialises in the management and delivery of business change programmes to enable e-business.
We assist our customers in realising significant growth in both business and profitability through changes in business practice made possible through the use of information technology.
These changes reduce their costs and allow them to deliver new products to market more quickly. They also increase market penetration and provide new business opportunities through new sales channels; both business-to-business and business-to-consumer.
Since our inception in 2000, we have successfully delivered large business change programmes in complex industries such as insurance, telecommunications, banking and financial services.
For example, an online broker solution Practiv delivered for one customer resulted in a 40% growth of their protection business within the first six months and a 100% increase after two years. This client’s brokers now write 72% of their business online using the web-based solution and these online cases have a 50% lower turnaround time than manual cases.
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Bupa Online Life Insurance Application
Falling margins and increasing competition for insurance broker business led Bupa to look for ways to reduce their cost of sales while improving the levels of service provided to brokers and customers.
Through a combination of technology and business change, Practiv delivered significant results to Bupa. Bupa’s protection business had increased by 45% within six months, and had doubled inside of two years. At the same time the average turnaround time for an insurance application had reduced by 50%.
Practiv improved the broker’s application and underwriting process with a browser-based software solution. This was simple to use and greatly improved the accuracy of their applications. This, combined with quicker receipt of commissions through shortened application approval times, significantly increased Bupa’s broker-led business.
In parallel, automated and streamlined backend processing led to significantly reduced processing costs.
This simultaneous increase in volume and reduction in cost was critical in order deliver the financial results Bupa were targeting.
careers
At Practiv we pride ourselves on providing an extraordinary service to our customers. We achieve this by recruiting and retaining the very best people.
Our objective is to hire talented people and give them the opportunity to grow and develop their careers.
If you have the capability and want the opportunity to demonstrate your potential, Practiv offers you the environment to do so.
We have created a dynamic, interesting and challenging work environment where talented people can thrive.
If you've got what it takes, and are looking for a new challenge, then please get in touch. While we do have some
positions currently open, we are always looking for talented people who can bring their skills and experience to our team.
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