1 2
3
4
5
Uncomplicate with TCS BaNCS for Insurance
True digital transformation for insurers today means facilitating easy and simple transactions for end customers , intermediaries and service providers though self--service channels on any device , anywhere . TCS BaNCS for Insurance can help you turn digital disruption into an advantage , with its highly configurable and scalable solutions , powered by APIs and delivered on the cloud .
Spanning life , annuity , pensions , property & casualty , reinsurance and health insurance , the solution ’ s rich functionality supports every event in the lifecycle of a policy . By driving digital channel adoption in the retirement business in UK , achieving 99.9 % Straight--Through--Processing for 6.4 MN members , it has helped redefine end--customer experience . The solution has also transformed a large life insurance group in UK , integrating 6 business lines , 1,100 products , 13 platforms , 7 MN policies and 6 MN customers onto a single instance . A leading non-life 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 .
Resting on a digital core , TCS BaNCS for Insurance solutions---be it conversational AI to guide and advise your customers , or our distributed ledger--based blockchain solution , Quartz from TCS---can help you expand your business , collaborate , connect and leverage the power of newer and richer ecosystems . When you select TCS BaNCS for Insurance , you are adopting our Digital First , Cloud First philosophy ensuring that your organization is agile and future ready .
So , are you ready to Uncomplicate ?
To find out how TCS BaNCS can uncomplicate your business , visit https :// www . tcs . com / bancs