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TCS BaNCS for Insurance is a single digital platform covering multiple lines of business , across life & annuities , property & casualty and health . A highly configurable solution , it helps insurers go to market with new solutions rapidly .

TCS BaNCS for Insurance services 20M Life and Pension policies worldwide , offering an integrated experience to its customers through a scalable and robust platform . By driving digital channel adoption in the retirement business and achieving 99.9 % Straight-Through-Processing for 6.4 million member services , it has helped redefine end-customer experience . This solution transformed a large insurance group in UK with 6 business lines , 1,100 products , 13 platforms , 7 million policies and 6 million customers on a single instance . A leading insurer in India consolidated 2,000 + disparate branch systems and 17 lines of businesses onto the TCS BaNCS solution , with 5,500 concurrent users issuing 75,000 policies on an average per day . In short , it is an end-to-end digital integrated solution that helps insurance carriers enhance and enrich their customer relationships , and improve operational efficiency .

To find out how TCS BaNCS can uncomplicate your business , visit http :// sites . tcs . com / tcsbancs /