Life Insurance Reporting System Saves $500K

Meyer-Chatfield Moves Away from Manual Excel Spreadsheet Reports, Builds Customer Loyalty

Meyer-Chatfield is a reseller of Bank Owned Life Insurance (BOLI) for hundreds of banks nationally. BOLI is a complex sale, involving Meyer-Chatfield, the customer, and various insurance carriers. One of the ways in which Meyer-Chatfield differentiates itself from the competition is by providing its customers with highly valuable reporting features on their BOLI policies. These reports had been outsourced to be done manually until Bright Network Solutions helped automate this critical business function, saving them more than $500K in 2006.


Products and Technologies:
  • MS Access
  • MS SQL Database

Timeframe: 4 months

Money Saved: $500K/year

For more information about Bright Network's consulting services, email us or call us at (609) 921-8100.

Custom Business Software Development