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.

Email TCS:

Find a TCS Location:

Brochure

Assurance Services for the Insurance Industry

 

Enterprises in the insurance sector need to cope with stringent regulations and rapidly changing technology as well as retain profitable customers. TCS’ Assurance Services for the insurance industry reduce the risk of non-compliance and application failure, ensuring successful business transformation, enhanced quality and performance.

The rapidly changing insurance landscape has made it essential for insurance companies to minimize the risk of business disruption and successfully address business challenges. TCS’ Assurance Services help you tackle obstacles as obsolete legacy systems, inefficient test cycles, and inadequate focus on compliance through independent Quality Assurance (QA) processes ensuring the following:

  • Minimization of business risks through independent and rigorous testing. 
  • Complete testing coverage through dedicated performance Test Center of Excellence (CoE), consulting and advisory capabilities
  • Reduction in test cycle times with test automation frameworks and regulatory compliance

Benefits:

  • Improved test effectiveness
  • Reduced rework effort
  • A 30-40% reduction in time-to-market
  • A 20-30% reduction in the cost of operations

The TCS Advantage:

  • Domain heritage in the insurance sector spanning major geographies and lines of businesses
  • Compliance: The Solvency II validation tool is connected to a wide range of databases and ensures adherence to the industry's regulatory requirements
  • Comprehensive testing life cycle: Focus on all testing phases - functional and non-functional testing, test automation, test data management and niche areas like security testing and usability testing
  • Innovation: Tools developed for the automation of the test phases across the test cycle
  • Expertise: Labs and CoEs for test automation, performance testing, ERP testing, SOA testing, security testing and test data management