How we deliver business value to insurance enterprises
Using technology to understand digital consumers. Co-creating innovative products and solutions that align to market needs and expectations. Targeting diverse markets to broaden reach and secure conversion. Ensuring effective agent delivery distribution and policy management. Enabling next generation service models. At Infosys, we are helping our insurance clients do all this, and more – helping them become next-generation insurance carriers.
Infosys Next Generation Insurance practice brings together over 8,000 professionals with industry-leading strengths in consulting, technology and sourcing. Their deep domain expertise results from working closely with insurers, reinsurers and intermediaries – across life and annuities, DI / LTC, P&C, investments, and specialty lines. We deliver measurable business value in three ways:
Business transformation: At Infosys, we drive transformation to increase the top-line revenue of our clients. A transformative engagement with Infosys means going beyond solution implementation – we can help visualize and articulate business drivers with our capability-driven IMPACT framework.
One of our focus solutions is insurance distribution effectiveness, combining the power of next-generation commerce with optimized online acquisition enablers, to change the way enterprises engage with and convert prospects. Our new business process excellence (NBPE) solution is ideal for initiatives in modernizing systems and business processes. NBPE can enable organizations to acquire strategic capability and significantly reduce cost.
Accelerating innovation: We can help carriers implement inward and outward-facing applications on any mobile device using Infosys mConnect. Carriers can also improve branding and deepen digital consumer engagement with Infosys SocialEdge platform. Or, we can enhance customer experience with our end-to-end integrated correspondence platform (ICP) and rapid product innovation solution, cutting time to market by 40 percent – fast- tracking the implementation of product / plan changes in a cost-efficient manner.
Efficient operations: We provide a host of insurance platforms and products such as policy administration and producer compensation, as well as BPO and IT Services, all of which serve as catalysts to fine-tune optimization.