Insurers are facing challenges such as growing customer expectations, consolidation and tightening regulations. Infosys offers services and solutions to transform your business performance through strategic focus on process enhancement and IT. We offer technical expertise, combined with domain knowledge and project management capability. Our Insurance practice includes more than 1,300 professionals who have obtained one or more industry certifications from the AICPCU and/or LOMA.
Infosys partners with leaders across all segments of the insurance industry - Life, P & C, LTC, Reinsurance, Specialty lines. Our IT services footprint covers application development and maintenance, infrastructure services, BPO and business consulting.
Solutions | IT Services
Solutions
Businesses run the risk of losing revenue and productivity when the performance of their applications diminish. Independent studies reveal that poorly performing IT applications cost industrialized nations almost US$ 91.7 billion annually.
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Infosys' Rapid Product Innovation solution helps carriers to implement product / plan changes faster and cost efficiently. It combines product introduction methodology, externalization of hard coded business rules, automated workflows, and integrated data management to deliver higher operational efficiency.
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Our Insurance solution provides a comprehensive set of business and technology components to improve modernization planning and design, make a more robust case for change, increase the efficacy of the transition and optimize business value derived from modernization.
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Our New Business Excellence (NBX) solution for P & C enables commercial lines carriers to revamp new business processes and leverage technology. NBX helps carriers improve their operational efficiency and makes underwriting more effective by making it data driven, thus creating a robust platform for sustained profitable growth.
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We help insurers transform their New Business operations by incorporating best-in-class business practices such as electronic case management and automated underwriting that leverage existing technology investments.
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Our Claims Excellence - Life and Health solution uses a combination of workflow automation, electronic content management, system integration and information channel management to transform claims processing.
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Our insurance outsourcing services reduce operating costs while increasing efficiency, responsiveness, consistency and quality.
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Optimizing IT effectiveness helps eliminate waste and results in a top-down, business-driven model that ultimately addresses the needs of the business and a successful IT function.
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Our Financial Management and Compliance solutions enable you to identify, assess and manage Sarbanes-Oxley and USA Patriot Act compliance risks.
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Our integrated Policy Owner Servicing (POS) solutions help you realize projected business benefits by managing complex implementation programs and managing the transition through structured organizational change management.
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We enable distribution excellence by focusing on the right business and technology initiatives and successfully converting your IT structure into an income generating system.
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IT Services
Infosys BPO enhances the competitiveness of the Insurance industry and implements innovative business solutions. We offer solutions in the areas of underwriting, claims and accounts, and knowledge-based services such as analytics, cat modeling and actuarial analysis.
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Infosys develops and maintains applications that cater to your business needs and help reduce IT costs, while improving planning and execution.
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Infosys' infrastructure services help retail companies operate smoothly and reduce costs. Our services include infrastructure planning, auditing, data center and application management and helpdesk services.
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Infosys' packaged application services mitigate risks, deliver faster returns and lower total cost of ownership (TCO). Our services and alliances cover packages for Supply Chain Management, Customer Relationship Management, Enterprise Application Integration, Merchandise Management and Enterprise Resource Planning.
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