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TCS Bancs | Insurance Solutions

Changing demographics have increased risk factor in transactions. As a result, insurers need to respond with systems that can access risks, underwrite new products and provide unstinting customer service.

Our Insurance Solution from TCS BaNCS provides you with a holistic suite of insurance solutions helping you meet the varied expectations of your enterprise as well as your customers.

The built-up and digitized insurance processes in our solution suite enable you to become bigger, leaner, and smarter.

The Insurance Solution from TCS BaNCS helps you with the following:

  • Flexibility and speed to market, enabling the quick launch of new products and channels and adaptation to the changing regulatory environment
  • Anytime, anywhere access and high availability of the system, improving productivity
  • Smooth enterprise integration through an SOA-enabled architecture
  • Uniform, accurate and timely service delivery across all lines of business and channels

The components in our solution suite include the following:

Learn more about our global insurance success stories.

To learn how TCS BaNCS can help you experience certainty, email us at tcs.bancs@tcs.com

View Brochure: Insurance Solution from TCS BaNCS

Press Releases

TCS BaNCS for Insurance to Integrate ISO Electronic Rating Content

TCS announced that TCS BaNCS for Insurance has expanded its support for personal and commercial lines of business through its proposed integration of ISO Electronic Rating Content — such as automated updates to loss costs, rules and policy form attachment logic — into the TCS BaNCS rating engine.

Events

ACORD LOMA FORUM - May 4-6, 2014

TCS BaNCS is a Gold Sponsor at ACORD LOMA Forum 2014, the premier event for insurance technology, business and networking. Stop by booth #400 to find out more about our capabilities in the insurance domain and how we believe digital strategy, analytics and mobility can transform the insurance landscape.

Analyst Reports

Celent Issues Insurance Report on Diligenta

In a 2012 report, “Seven Lessons from a Successful Platform Transformation: The Case of Phoenix Life UK,” research and consulting firm Celent provided an overview of the transformation program, the lessons learned, key achievements, and next steps for both Phoenix Life UK and Diligenta.

Case Studies

Agriculture Insurance Company of India Ltd (AIC) accelerates service delivery to over 24 million farmers with TCS BaNCS’ Insurance solution

Agriculture Insurance Company of India Ltd. (AIC) needed to streamline business processes and automate manual functions so they could extend their services to the most remote villages in the country. AIC chose the Insurance solution from TCS BaNCS to achieve this.