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TCS positioned as a leader by Everest Group in Life and Annuities (L&A) insurance BPS and Third-party Administrator (TPA) PEAK Matrix®.
In an assessment of 23 leading L&A insurance providers for BPS and TPA, the Everest Group gives TCS top points for its vision and strategy, strong delivery footprint, and significant market impact.
TCS is seen as a leading player in the L&A segment, leveraging its IT-BPS capabilities to win new clients and expand its reach geographically and product-wise with transformation-led deals.
Multiple new offerings in the disability claims and regulatory reporting space have strengthened its position as a third-party administrator in the group life and pensions market.
Additional innovative targeting by TCS in such growth areas as wellness ecosystems and continued investment in talent through initiatives such as launching domain centers of excellence has consolidated TCS domain expertise in areas such as underwriting and claims, the report says.
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