A leading insurance player in Myanmar with presence in 20 cities, offering the entire range of general insurance from motor insurance to property and health for individuals and groups, selected TCS BaNCS Cloud for Insurance to transform its legacy core system to a modern, scalable digital solution.
TCS implemented the end-to-end, digitally enabled SaaS solution on a public cloud. The integrated solution spanning property and casualty, health, and life insurance went live during the disruptive COVID-19 lockdown period, enabled by TCS’ Secure Borderless Workspaces™, a transformative operating model that allows organizations to fully and seamlessly transition to virtual workspaces. 17 products spanning P&C, Health and Life were delivered in 110 days. This solution is the first cloud-based, SaaS implementation for TCS BaNCS Cloud in insurance.