Quartz for Insurance Repository
Connecting insurers, policy holders, agents, and banks in a DLT-based ecosystem
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
- Sustainability Services
- TCS Interactive
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.
Upcoming events
02 Dec 2025
TCS BaNCS at BankenTech 2025 Frankfurt
01 Dec 2025
TCS at AWS re:Invent 2025
Want 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
Management Commentary
expand here
Financials
expand here
News and Events
expand here
ESG
expand here
Resources
expand here
Top Results
Showing
10
01 - 07
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?
You have these already downloaded
We have sent you a copy of the report to your email again.
Industry
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.
Related Insights
Join us at the world's leading risk management event where we will host sessions on AI in finance risk management, transforming regulatory compliance, and more.
Events
17 Nov 2025
In the evolving retirement planning landscape, learn how pension providers must offer digital, AI-driven wealth management solutions to stay ahead in the game.
White Paper
25 Jul 2025
Connect with our experts and learn how TCS helps P&C insurers adopt innovations and build generative AI-ready adaptable systems that maximize business outcomes.
Events
27 Oct 2025
Solution
Quartz™ - The Smart Ledgers™
This will open an overlay
Quartz™: Creating collaborative ecosystems using resilient technology
Discover the transformative power of TCS' Quartz™ Smart Solutions that empower clients to build blockchain-based solutions and see tangible, real-world results.
Related Insights
The report recognizes our expertise in Quartz, DLT, and generative AI to deliver blockchain solutions across industries, enhancing efficiency and innovation.
Analyst Reports
04 Nov 2025
Malini Raman of TCS spoke at a panel discussion on digital identity and how decentralized identity can unlock trust, scalability, and security in today’s age.
video
09 Jul 2025
From asset tokenization to CBDC, explore the key offerings under Quartz™ at the blockchain and crypto conference in Dubai. Meet our experts at the HODL Summit 2025.
Events
14 May 2025
Highlights
- Quartz for Insurance Repository eliminates paper-based policies delivering cost-efficient digitalization for insurance companies
- Cross-sectional view for regulators to monitor claims settlement and compliance by insurance companies
- Policy holders can hold various types of insurance policies and in the same account
Achieve a digitalized, consolidated view of all insurance policies
Abstract
The Quartz for Insurance Repository solution is designed to strengthen the hands of regulators and policymakers who want to radically transform how insurance policies are issued and serviced across their life cycle. It attempts to meet the twin objectives of delivering a vastly superior customer experience for the policyholder while providing a compelling value proposition to insurers and other stakeholders with its ability to provide instantaneous data, seamless access, and elimination of fraud through digitalization of policies.
Challenge
The insurance sector is witnessing significant growth – both in terms of new products launched each year by insurers globally, as well as the continuous growth in the number of policies that need to be serviced. However, most policies are still paper-based and in many cases, policyholders are required to visit the insurer/agent to get their policies serviced. Further, during natural calamities, family members of the deceased are put through a lot of hardships to get their claims processed. In some cases, tracing policyholders itself becomes an arduous task for Insurers as the contact details may get outdated. Regulators suffer from lack of a trusted system to proactively monitor delays in claim settlements.
Solution
Quartz Smart Solution for Insurance Repository establishes a private permissioned blockchain ecosystem comprising insurers, agents, regulators and policy holders. The solution creates and maintains e-Insurance accounts for policy holders, which can hold all insurance policies across different insurance lines of business, in digital form on the blockchain. This enables policyholders to not only view all their policy related information such as premium payments, claim processing status etc. in one place but also ensures that the policy information is immutable and tamper-proof. Policyholders can perform a host of functions including placing requests for claims, surrender, partial withdrawal etc.
Any critical information or updates on a policy is available instantaneously on the ledger to all relevant stakeholders. The risk of the physical policy documents being lost is eliminated through digitalization and policy holders are protected. The solution enables Insurers to obtain a cross-sectional view of the policyholder’s risk profile computed using data across all their policies
Benefits
- Policyholders can store their insurance policies electronically in a dematerialized format, in a single e-Insurance account which offers a consolidated view of the policies.
- Policyholders can access all their insurance policies from different insurers in one place, simplifying policy management, reducing paperwork and faster policy servicing
- No risk of loss/damage of policies; the electronic form ensures that the policies are in safe custody and can be easily accessed from anywhere, anytime.
- Digitalization of policies enhances ESG image of insurers – they can pass on the cost benefits to their customers
- Immutable data on DLT allows effective monitoring of claim settlements and allows regulators to take proactive action when needed
- Smart Contracts to automate business processes such as for automatic computation of policyholder risk, auto generation of premium payment instructions and auto creation of policyholder e-Insurance.
- Easy integration with insurers and agents via simple REST APIs using Quartz Gateway
- Monitoring & Administration of the ecosystem using Quartz Command Center
Related reading
Swipe Left
Swipe Right