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Case study - How REDE helps insurance institutions using ServiceNow, AI, and Databricks.

REDE Consulting · Feb 15, 2025 · article

Here are three case studies showcasing how REDE Consulting has helped global clients using ServiceNow, AI, and Databricks in the insurance and fintech industries.

Case Study 1: Transforming Claims Processing for a Leading Insurance Provider

Client:

A multinational insurance company struggling with slow, manual claims processing and poor customer experience.

Challenges:

  1. Manual claims approvals causing delays and errors
  2. Lack of real-time visibility into claim status
  3. High customer complaints due to slow resolution

Solution Implemented by REDE Consulting:

  • ServiceNow Claims Management Automation to streamline claim intake and processing
  • Integrated AI-based fraud detection powered by Databricks analytics
  • Developed a self-service claims portal for real-time status tracking

Results:

  • 40% reduction in claims processing time
  • 25% improvement in fraud detection accuracy
  • Increased customer satisfaction through self-service features

Case Study 2: Enhancing Risk & Compliance for a Global Fintech Company

Client:

A rapidly growing FinTech enterprise struggling with regulatory compliance (IFRS 17, GDPR).

Challenges:

  1. Manual compliance tracking leading to audit failures
  2. High risk exposure due to lack of real-time risk assessment
  3. Difficulty in aligning with global regulations

Solution Implemented by REDE Consulting:

  • ServiceNow IRM (Integrated Risk Management) implementation
  • Connected ServiceNow with Databricks for real-time risk analytics
  • Developed an AI-powered compliance monitoring system

Results:

  • 60% reduction in compliance reporting time
  • Automated risk identification, reducing manual errors
  • Improved audit readiness, eliminating non-compliance fines

Case Study 3: Scaling IT Service Management for a Global Bank

Client:

A top-tier international bank facing ITSM inefficiencies and high service request resolution times.

Challenges:

  1. Outdated ITSM tools leading to service delays
  2. High MTTR (Mean Time to Resolution) for IT incidents
  3. Lack of visibility into IT assets and operations

Solution Implemented by REDE Consulting:

  • ServiceNow ITSM implementation with AI-driven automation
  • Chatbot-based self-service to resolve common IT requests
  • Databricks-powered predic tive analytics for incident prevention

Results:

  • 50% faster resolution of IT service requests
  • 30% reduction in operational costs through automation
  • Improved IT asset visibility and governance

Want to Transform Your Business?

REDE Consulting brings expertise in ServiceNow, AI, and Databricks to help enterprises optimize operations, reduce costs, and drive growth.

Contact us today: [ sales@rede-consulting.com ]

Visit us: [ www.REDE-Consulting.com ]

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