TCS has been positioned as a Leader in the Everest Group PEAK MatrixTM for Property and Casualty (P&C) Insurance Application and Digital Services.
In an assessment of 22 global service providers offering P&C insurance application and digital services, TCS was placed highest for Vision and Capability. The report highlights that TCS has invested in creating a comprehensive partner ecosystem that has helped it steer a joint go-to-market strategy for insurance customers. Cited as key strengths are the company’s strong market messaging and vision around ‘connected insurance’, and multiple point solutions leveraging IoT in the areas of driving behavior monitoring, connected home, and sensor-based risk intelligence.
The report notes that TCS has demonstrated strong success proof points in assisting P&C insurers around channel innovation and enhancing customer experience. According to the report, customers appreciate its large pool of skilled resources across multiple technologies, deep domain expertise, and ability to serve them as a strategic partner.