| Case Studies |
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Scyllogis Consulting have been helping customers within the Insurance sector continue to achieve significantly higher levels of business performance from their data management programmes and information systems since 2001. Read how we have worked with some of these customers to achieve significant business results across the world, in our case studies. |
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Insurance organisations today are no more effective at delivering on large-scale data management initiatives than they were 10 years ago. In a recent survey, 70% of the companies said their data management initiatives did not deliver the expected results. That success rate was unchanged from similar surveys conducted in the 1990's. And the environment for data management is only getting more complex.....
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At Scyllogis Consulting all of our consultants have significant experience gained from within the Insurance market. Our people and our culture are our greatest assets. We only select people with relevant experience, intelligence, integrity, passion and the ambition to make a mark and deliver to our Customers the Scyllogis brand values of practical, results based consultancy. Our Consultants are pragmatic and open minded. That is why we deliver solutions that others dont..... Read More
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| CHARLES TAYLOR CONSULTING SAYS 2011 RESULTS WILL BE AT LOWER END OF EXPECTATIONS |
| Industry News | |
| Wednesday, 25 January 2012 | |
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UK-based insurance services group Charles Taylor Consulting (CTC) has said that results for full-year 2011 would be "towards the lower end of management's expectations", mainly because of slightly higher Q4 costs in Management Services and a quieter end to the year in Adjusting Services. In Management Services, CTC said that mutual management business performed slightly below expectations, mainly because of higher costs in shipping mutual business. "The captive management, risk management and underwriting services businesses continued to find trading conditions challenging", CTC said. In Adjusting Services the business was significantly ahead of 2010, "following a particularly strong contribution from energy adjusting". The Insurance Support Services division will post a result broadly similar to 2010, having performed in line with expectations. A focus on cash collection in Adjusting Services helped reduce net debt to £34.2m ($53.1m) by the end of 2011, compared with £38.6m at the end of H1 2011 and £36.3m at the end of 2010. In 2010 the company booked a gain of £12.5m, down 21% on 2009. By Q3 2011 the CTC share price had roughly halved from its 240p high in mid-2010, but by Friday had recovered to 140p.
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| Last Updated ( Thursday, 01 March 2012 ) | |
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