Insurance IT Solutions
The need for insurers to have digital agility is at its peak to catch up to competition to meet superior customer expectations. With the rapidly evolving market dynamics in the Insurance sector, it is critical to be future ready with integrated ecosystems yet ensuring long-term business sustainability.
We comprise an experienced team of Insurance and IT professionals with capabilities in technologies like OneShield, Ratabase, Guidewire and Duck Creek.
The technical skill set along with deep industry knowledge allows us to provide services across Property & Casualty and Life Insurance & Annuities segments. We guide our clients through the entire process of platform selection, implementation, and maintenance. From gathering requirements to design, build and test, we offer a full range of development capabilities for core policy processing. With the right level of standardization and out-of-box product capability, we can help you to reduce total cost of ownership.
Property & Casualty
The changing regulatory landscape along with the shift in customer behavior has put a tremendous pressure on P&C insurers to remain relevant to changing times. Soft market conditions amidst technological advancements put a pressure to deliver profitable growth. This demands faster speed to market for products while streamlining core processes of sales and underwriting.
We provide support for all P&C lines of business – Commercial, Personal, and Specialty to revolutionize your business.
- Product Implementation
- Product Re-engineering
- Core Upgrade
- Ongoing Support Maintenance and Customization
- Business Analysis –Team of Business Analysts with extensive P&C knowledge and working experience across various geographies
- Rating development, Revisions, and Filings implementation
- Upgradation and Enhancement
- Production Support
- Third Party Integration services
- Comp Rater Integration and performance improvement
- Legacy data transformation to the new system.
Life & Annuities
The era of disruption for the life-annuity insurance market will continue to stay in coming years. With the digital revolution, the dialogue between companies and customers and vice versa demands transformation in digital experiences to delight the customers. Life insurers have remained far from bullish in these areas of customer engagement mainly due to factors such as organizational barriers, legacy technologies, and multiple distribution channels. However, insurers can no longer be immune to this and need to adjust their strategies to remain competitive and relevant.
We can partner with you to transform your business with following offerings:
- Application Development
- Legacy Modernization
- Testing & QA
- Business Analysis