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Insurance IT Innovation: What’s the Big Idea?

 

PropertyCasualty360

The article highlights TCS’ corporate culture of innovation and the innovative solutions specific to the insurance industry. It features quotes by K Ananth Krishnan, VP & CTO, TCS and Dennis Maroney, Lead, Insurance, TCS.

Excerpts from the article:

For solution providers, the process of practical innovation begins with listening to insurers. “The best ideas come from business that start with, ‘I wish I had,’” says Ananth Krishnan, CTO, TCS.

To vet these ideas, the TCS “innovation ecosystem” consists of 19 global technology innovation labs. Dennis Maroney, Lead, Insurance, TCS, points to several “accelerator” solutions that have arisen from listening to customers.

“Our accelerators provide a platform to consolidate the different information and tasks related to common processes,” he says. Those include accelerators for underwriting, catastrophe claims management, and litigation.