2 MINS READ
Perpetually Adaptive Enterprise
At TCS, we don’t just help businesses transform. We help them become perpetually adaptive enterprises, built to evolve continuously and confidently in a world of constant change.
- Banking
- Capital Markets
- Consumer Packaged Goods and Distribution
- Communications, Media, and Information Services
- Education
- Energy, Resources, and Utilities
- Healthcare
- High Tech
- Insurance
- Life Sciences
- Manufacturing
- Public Services
- Retail
- Travel and Logistics
- Artificial Intelligence and Data & Analytics
- Cloud
- Cognitive Business Operations
- Consulting
- Cybersecurity
- Enterprise Solutions
- IoT and Digital Engineering
- Network Solutions and Services
- TCS Interactive
- Sustainability Services
Perpetually Adaptive Enterprise
Industries
expand here
Services
expand here
Products and Platforms
expand here
Research & Innovation
expand here
About Us
We deliver excellence and create value for customers and communities - everyday. With the best talent and the latest technology we help customers turn complexity into opportunities and create meaningful change.
TCS Insights
Point of views, research, studies - on the latest themes - to help you expand your knowledge and be future ready.
Recent recognitions
View allWant to be a global change-maker? Join our team.
At TCS, we believe exceptional work begins with hiring, celebrating and nurturing the best people — from all walks of life.
Want to be a global change-maker? Join our team.
India
expand here
Americas
expand here
Asia Pacific
expand here
Europe and UK
expand here
Middle East and Africa
expand here
Recent News
View all
Management Commentary
expand here
Financials
expand here
News and Events
expand here
ESG
expand here
Resources
expand here
Top Results
Showing
10
01 - 07
You have these already downloaded
We have sent you a copy of the report to your email again.
Insights
Perspectives
This will open an overlay
Perspectives
Perspectives is a TCS management journal that provides expert opinion & case studies to solve business challenges. Also find interviews of leading authorities on business & economics. Read more.
Related Insights
TCS Retail Consumer Survey offers insights on consumer behavior and their preferences for technology-enabled experiences and sustainable products. Know more.
Blog
16 Mar 2023
Insights in this article
Back to top
Go to top
Insights in this articleinpage
Go to top
Insurance Leaders
The TCS 2021 Global Leadership Study also compared the strategies of two subsets of insurance firms: “Leaders,” which had both superior revenue and profit growth from 2015 to 2019 compared to other insurance companies, and “Followers,” which reported inferior financial performance during that time. The logic: The second half of the 2010s was a highly digital era, and insurance companies with the best financial performance did many things right, so they are the ones to learn from, especially when compared to those with less stellar financial performance.
Essential takeaway
Even though “innovation” was named the leading cultural trait needed for insurance firms in meeting the demands and opportunities of the next few years,
only the industry’s “Leaders” — even more than Leader firms in other industries — are prepared to do the work to succeed in the new digital landscape on the horizon. That’s because unlike their industry peers, these Leaders’ executives expect the greatest competition to come from outside the bounds of the traditional insurance industry.
Takeaways
- Are life, property and casualty insurance companies doing the work today to contend against tomorrow’s competitors?
- How do insurance firms plan to use technology to compete between now and 2025 in an increasingly digital world?
- Are they planning to leverage the potential of cross-industry digital ecosystems?
- What are the traits of their corporate culture that will ensure their success between now and 2025?
To address these and related questions, in 2021 Tata Consultancy Services surveyed more than 1,200 global companies with an estimated average revenue of $14.6 billion across 17 industry sectors. The sample included 52 life, property and casualty firms, 79% headquartered in the UK or Europe, 17% in North America, and 4% in Asia-Pacific.
Related reading
1/4
Perspectives
What’s ahead for UK retailers in 2023?
Blog
|
16 Mar 2023
Opens in new tab
2/4
Perspectives
The Backbone of Remote Working – Distributed Agile Teams
Blog
|
09 Dec 2022
Opens in new tab
3/4
Perspectives
Customer service and continuous improvement processes benefits | TCS
Blog
|
06 Jul 2022
Opens in new tab
4/4
Perspectives
James Wheless
CMO Study Highlights: The Initial Findings Report
Blog
|
06 Jul 2022
Opens in new tab
What’s on your mind?
We’re here to help! Tell us what you’re looking for and we’ll get you connected to the right people.
Looking for something else?