How Desjardins cut annual costs by $4.5m
Desjardins Group (DG) is the leading co-operative financial group in Canada and the sixth-largest in the world, with assets of over $282 billion [Canadian dollars].
Desjardins General Insurance Group (DGIG) is a leading Property and Casualty insurer with a portfolio of over 4 million active policies, $5 billion in revenues and over 13 billion in assets.
This project completely migrated DGIG’s systems from an MVS/IDMS platform to a new Windows/Oracle platform. This project took 4 years to complete and, according to DGIG, currently stands as the largest successful modernisation project done in both North America and in the history of the insurance industry.