“TCS BaNCS is a trusted partner” – Magma Insurance
Watch Amit Thapliyal, CTO, Magma Insurance discuss how GenAI is transforming insurance products.
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Products & Platforms
TCS BFSI Platforms
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TCS BFSI Platform: Transforming Financial Services for Better CX
TCS BFSI Platforms is a cloud-native, as-a-service digital ecosystem that helps FIs and insurance firms overcome challenges and deliver superior CX. Learn more.
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Amit S Thapliyal of Magma Insurance discusses generative AI in insurance, predictive offerings, and the role of TCS in their technology decisions. Learn more.
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15 Sep 2025
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TCS BaNCS™
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TCS BaNCS™: Enabling Transformation in Banks and Financial Institutions
Offering Software-as-a-Service across a stack of solutions and applications, TCS BaNCS facilitates smooth transformation in financial services and drives growth.
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Customer story
Amit S Thapliyal, Chief Technology Officer, Magma Insurance talks about how boardroom conversations today include discussions on technology use. On GenAI, he notes how insurance offerings will become predictive rather than prescriptive. He reminisces about the last 12+ years of partnership with TCS and how it will continue to be the trusted partner in all their technology decisions.
TCS BaNCS for Insurance, with its cloud-first model, provides the flexibility and scalability demanded by insurance and pension providers to identify market opportunities and address challenges through automated, efficient business processes. The dynamic and intelligent solution delivers greater efficiency and a transformative experience while focusing on customer centricity. Designed for interoperability, TCS BaNCS for Insurance integrates seamlessly into carriers’ operational and extended business ecosystems.
Magma Insurance on how Gen AI will transform insurance products
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