Industry Leader in Insurance

Industry Leader in Insurance Strengthens Cash Management with Redbridge

Challenge

An industry leading insurance provider in the United States faced increasing complexity across its cash management operations. With multiple banking relationships and growing internal initiatives, the client needed to optimize its structure, improve efficiency, and ensure its banking services aligned with long-term business goals. Redbridge was engaged to assess the performance of the client’s banking partners, evaluate service utilization, and strengthen pricing arrangements, all while ensuring flexibility to evolve with the client’s needs.

Solution

Redbridge began by conducting a thorough review of the client’s U.S. cash management setup, including historical service usage and fee data across several key banking relationships. The team identified inefficiencies and opportunities to streamline services, then guided the client through a strategic negotiation process to establish fortified pricing with primary banking partners. A robust monitoring framework was also implemented to enforce compliance with new agreements and maintain long-term accountability.

Results

This engagement delivered immediate and lasting impact. Redbridge’s work not only reduced unnecessary costs but also created a more scalable and transparent treasury infrastructure, positioning the client for future growth.

• Fortified pricing agreements with primary banks on a 3-year term, including tacit annual renewal
• Identified and eliminated redundant services, reducing cost and complexity
• Established ongoing monitoring to ensure pricing compliance and performance transparency
• Met tight internal deadlines while minimizing disruption across treasury operations