Case Study

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

 

National Insurance Company Ltd. (NIC) is a leading public sector insurance company in India, carrying out insurance business in property and casualty lines. NIC administers all the Reinsurance operations from a centralized reinsurance department. It faced a significant challenge in consolidating policies qualified for reinsurance from a branch-based policy administration system and in closing the reinsurance book of accounts in a stipulated time. Learn how TCS Financial Solutions deployed Insurance solution from TCS BaNCS to enable end-to-end reinsurance processing at NIC.