Business:
Lumley Insurance has been providing tailored insurance products and services in Australia for more than 100 years. The company has more than 850 employees and underwrites in excess of AU$700 million in insurance premiums every year.
Challenge:
When Lumley Insurance embarked on a five-year transformation programme, it needed to ensure projects were strategically aligned and delivered the expected outcomes. This required a centralised view of the project portfolio, including strategy, budgets, risk and resources.
Solution:
Lumley Insurance defined a common project and portfolio management framework and adopted CA Clarity PPM On Demand to embed the framework in its working practices. The solution is used by 200-plus employees to track 20 strategic initiatives.
Result:
Greater visibility of the project portfolio enables Lumley Insurance to plan resource requirements in advance, improve project success rates and ensure it invests in the right projects.
