Insurance

The emergence of complex financial products and ever-increasing dimensions related to risk have resulted in newer challenges with regard to structuring insurance products. With changing demographics and global competition, insurers are facing the need to respond with systems that can quickly assess risks and underwrite new products while providing unstinting customer service. The need is to have more industrialized and digitized insurance processes across the value chain.

To help you compete in this constantly evolving environment and drive growth, TCS BaNCS offers a superior and holistic suite of Insurance solutions, also enabling you to meet the varied expectations of your enterprise and your customers.

TCS BaNCS solutions include line-of-business products for property and casualty, workers’ compensation, extended warranty, individual life, group life and reinsurance. We also offer the Product Workbench, a solution that supports the rapid deployment of new insurance products; and the Agent's Workbench, for lead generation and customer relationship management.

Know more about our global insurance success stories

To know how TCS BaNCS can help you experience certainty, write to us at tcs.bancs@tcs.com

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NEXT STEPS

From aligning your IT with your business needs to an end-to-end strategy for transforming your enterprise, TCS has the world-class experience and expertise that you need. Contact a Consultant today

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White Papers

A primer on the evolution of Takaful

With the expanding demographics of Islamic countries and that of the Islamic population globally, the prospect of Islamic Insurance models looks promising. Learn more about Islamic insurance through this white paper

Case Studies

TCS BaNCS Insurance enables Takaful International Co. BSC to move into an integrated solution platform

Takaful International Co. BSC has benefited from increased speed of distribution, and the elimination of paperwork, manual errors and administration redundancies, reduced claim cycle time, thereby, allowing for an efficient workflow. Learn how they achieved this

Case Studies

National Insurance Company streamlines reinsurance operations with cutting-edge TCS BαNCS Insurance solution

TCS BaNCS Insurance was deployed to automate end-to-end reinsurance processing at NIC, starting from treaty management, facultative placements, and automatic policy cession derivation, to claim apportionment and the preparation of account statements. Learn more.