Zensar Technologies | Insurance

Insurance

In today's scenario, Insurers face issues like globalization, growing demand for web based services, regulatory demands, security threats and outsourcing. We understand the needs of the industry and offer Innovative Solutions which are unique, optimal and customer focused. Through a unique blend of domain knowledge, technology and robust processes we have successfully provided solutions to our leading Insurance Customers who faced challenges like

  • Demanding business need for new, innovative applications in the shortest possible time
  • Striking balance between new technology adoption and the legacy environments.
  • Long term plan for Application Integration, re-engineering and retirement
  • Application and infrastructure maintenance
  • Availability of skilled resources
  • Managing dynamic regulatory compliances in the legacy environment

Service Offerings

We provide end-to-end IT services & solutions helping insurers in achieving operational excellence, exceeding customer expectations, faster time to market, while driving their top-line revenue growth.

 
IT in InsuranceIT in Insurance
 

Application Development & Maintenance Services

We offer cost effective solutions using our dual shore, onshore, near shore, offshore delivery methodologies. Backed by our strong processes for Application Support, Development and Legacy Transformation, our core competencies lie in the functional areas of

  • New Business and Underwriting Systems
  • Policy Administration and Claims Processing
  • Agency Management Systems
  • Insurance Distribution Channel Management
  • Web enablement / Development of web sites
  • Development of front-end applications to Legacy Systems
  • Finance and Accounting
  • Regulatory Compliance

 

Testing Services

We provide end-to-end testing services to the Insurance Industry realizing faster time-to-market by utilizing our test assets like library of test cases for the Insurance Industry, automation of test scenarios, and host of in-house developed tools. Our suite of testing services includes functional testing, operational acceptance testing, security testing and performance testing.

Consultancy Services

We provide consultancy in the areas of Enterprise Architecture, Design Architecture, Data Migration, Usability Engineering for B2B/C websites, Offshore Advisory services, Packaged Solution and Process implementation services. We also provide IT staff augmentation services to Insurers who look for specific skills and profiles.

 

Business Intelligence

Having provided end-to-end BI solutions for several Global Insurance Organizations, we have been able to develop the expertise required to help Insurance companies achieve performance excellence with custom-made BI Insurance Solutions. Our solutions encompass every critical function that needs monitoring to improve the overall productivity and profitability of an Insurance Organization. These industry centric solutions, along with our Strategic Business Intelligence Framework provide the BI Excellence, which is the key to Enterprise Performance Management. Zensar's Business Intelligence & Data Warehousing Solutions for the Insurance Industry includes Channel & Product Profitability, Underwriting & Claims Intelligence, Broker and Delegated Billing Entities Intelligence, Finance, Sales Force Performance Management and Customer Services Analytics

Methodology


 
Insurance ApplicationsInsurance Applications
 


Value Proposition


  • Focused team of Insurance Industry experts with 8-15 years of experience
  • Knowledge & understanding of Industry trends and business priorities
  • More than 1200+ person years of Insurance Domain experience
  • Planned training module & external certifications
  • Experience in SOA components for Insurance
  • Research into ACORD frameworks
  • Test assets for Insurance



 

Client Speaks

Case Studies

White Papers