The TCS Advantage
ValueBPS™: Our ValueBPS™ approach helps enterprises achieve significant and sustained business outcomes by leveraging our deep domain expertise and operations redesign methodologies such as FORE™. Our approach also encompasses robotic process automation (RPA), analytics and insights, our unique IT-BPS synergy, Business Process as a Service (BPaaS) models, and business process management (BPM).
Industry Domain Expertise: We offer deep domain expertise in Policy Administration Services across property and casualty insurance, life and annuity, and retirement services.
BPaaS/Platforms: TCS BαNCS is an end to end suite of solutions for banks, capital market firms, insurance companies, and diversified financial institutions. Each solution in the TCS BαNCS family is scalable and robust, and fully integrates with existing business models, enterprise infrastructure, and technology architecture.
Solutions We Offer
Our Policy Administration Services across Property and Casualty Insurance, Life and Annuity Insurance and Retirement Services include:
- Policy Holder Benefits
- Policy Maintenance
- Policy Renewal
Key benefits we deliver include:
- Improved policy administration efficiency by reducing up to 25% of not-in-good-order (NIGO) applications
- 10% year-on-year cost reduction by providing a mature and effective pricing model