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Samsung Life Insurance

 

Samsung Life is Korea’s largest insurance provider, with almost $26 million in revenues and more than 10 million customers, or a third of the country's insurance market.

“As this was the main data for the company, transferring files quickly and without damage was very important, and we needed a solution that could handle large amounts of data that had been processed manually before. Using Informatica, we’ve seen improved results of around three times more than our past manual operations and we've experienced the greatest efficiency in the area of data cleansing.”

—Gahng-ho Lee, Team Leader, Samsung SDS

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Business Need

Meet growing demand for insurance services—modernize platforms and migrate enormous amounts of critical data quickly, reliably and safely.

Lower the cost of delivering IT services.

Increase business agility.

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Challenges

Extract, analyze, transform and migrate 57 terabytes of data.

Handle complex Korean double-byte character data.

Ensure a high level of data quality.

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Solutions & Results

Reduced IT costs by $20.8 million over four years.

Doubled or tripled developer productivity.

Completed the largest data migration initiative ever executed in Korea.

Bolstered error-free operations and safeguarded data quality.

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Technologies Used

Informatica PowerCenter

Accesses, integrates, and delivers any and all data quickly and cost-effectively, without hand coding.

Informatica PowerExchange

Accesses mission-critical data and delivers it throughout the enterprise wherever it’s needed, on any schedule.

Success Stories

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State Auto Insurance

PowerCenter enabled agents to provide accurate real-time quotes on demand and automated previously manual data look-up tasks.

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Westpac Life New Zealand

Reduced time spent manually reconciling reports from data collected in different insurance applications.

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Chubb Insurance Company of Europe

With Informatica PowerCenter, Chubb improved its understanding of customer needs, and increased its ability to identify growth opportunities