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    Where adaptability meets advantage

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    • Perpetually Adaptive Enterprise Press tab for submenu items

      Where adaptability meets advantage

      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.

      Adaptability starts here
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      We deliver excellence and create value for customers and communities.

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      17 Jul 2025 TCS Ranked Among Top 20 Global Technology Brands in Brand Finance Tech 100 2025 List
      15 Jul 2025 TCS & MIT Sloan Management Review Launch New Research Series; Unveil Roadmap for Human-AI collaboration in Enterprises
      10 Jul 2025 Robust Order Book and Operational Resilience mark TCS’ Q1
      View all
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      16 Jul 2025 TCS Launches AI-Powered Research & Innovation Centre in Singapore to Accelerate Enterprise Innovation at Scale
      09 Jul 2025 TCS Launches ‘Gen AI Tech Pathway’ in its STEM Education Program goIT
      03 Jul 2025 TCS Unveils the 2025 Edition of TCS InQuizitive Across 12 Indian Cities, To Spotlight India’s Brightest Young Minds
      View all
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      17 Jul 2025 TCS a Leader in Life and Annuities Insurance BPS and Third-Party Administrator Services: Everest Group
      15 Jul 2025 TCS Recognized as a Leader in Healthcare Provider Digital Services by Everest Group
      01 Jul 2025 TCS Recognized as a Leader in Pharmacovigilance Operations Services by Everest Group
      View all
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    • Insurance / Offering

    Cyber Insurance Suite

     

    Share TCS Cyber Insurance Suite: Underwrite Risks During COVID-19
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    Insurance This will open an overlay

    Reinventing the Insurance Industry with a Digital-first Strategy

    TCS’ solutions, powered by AI and automation technologies, help leverage partner ecosystems and drive innovation in insurance for business agility and growth.
    Learn More
     about Reinventing the Insurance Industry with a Digital-first Strategy
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    19 Oct 2022

    Enabling insurers to adopt a data-driven and automated approach to underwrite cyber risks

    CHALLENGE

    The COVID-19 pandemic has accelerated digital transformation initiatives of organizations across industries. As businesses make the shift to online, there is a greater fear of cyberattacks and higher exposure to cyber risk. 

    The current situation therefore provides an opportunity for both insurers and brokers  to dive deeper into the cyber insurance market. Currently, the cyber insurance penetration is still low worldwide and there is a huge opportunity in the small business segment. According to a Hiscox report, which tracks the global cyber insurance trends, only 21% of US companies with less than 250 employees have cyber insurance. With the increase in cyber risks during COVID-19 driving the demand for cyber insurance, insurers must look at developing and expanding their cyber insurance business.  

    TCS SOLUTION

    Insurers and brokers will need to look at opportunities and challenges alike to enhance their cyber insurance underwriting capabilities and improve customer experience. Adopting the right technologies and capabilities can help them  achieve this more effectively. TCS offers a suite of cyber insurance services and solutions to help:

    a) Alleviate the immediate risk induced by COVID-19 for cyber policies

    b) Underwrite cyber risks based on realistic insights from automated assessments

    c) revent and protect insured entities from evolving cyber risks through technology driven interventions

    BENEFITS

    With TCS’ suite of cyber insurance services and solutions, insurance firms can focus on insight-driven risk selection, pricing, and risk management. Key benefits include:

    • Drive business growth: Make a foray into new customer segments, revenue lines, and business models supported by ecosystem thinking and solutions
    • Minimize risk exposure: Effectively determine and mitigate silent cyber exposure; systemically reduce accumulation risks
    • Improve customer experience: Improve net promoter score by continual engagement and value-added assistance throughout the policy term

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