Solutions Provided

Application Modernization Framework (AMF)
Application Rationalization Framework (ARF)
Enterprise Business Process Management (EBPM)
Compliance Enabled Testing Framework (CETF)
Software as a Service (SaaS) enabled
Insurance Service-Oriented Architecture (SOA) Framework

 

Life and Annuities

Zensar's Insurance Practice offers IT services and Solutions to the Life and Annuities business. We understand the trends, drivers of the Life and Annuities segment, gained expertise enabling us in providing superior business strategies to our customers while maintaining cost efficiencies. Typical drivers in the Life and Annuities segment are related to the impact of Market Economics, changing demographic profiles and third party management of assets. Our core competencies for the Life & Annuities Insurance Value Chain are in the areas of New Business and Underwriting Systems, Policy Administration, Claims Processing, Billing and Collection, Finance and Accounting and CRM.

Service Offerings

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

Diagram: Life Insurance Service OfferingsDiagram: Life Insurance Methodology

Methodology

Diagram: Life Insurance MethodologyDiagram: Life Insurance Methodology

Our solution highlights:

  • Built-in dynamic report generator for defining & saving custom report templates.
  • Handles both POS sales and Back Office Sales
  • Manages various promotions and discount schemes run concurrently.
  • Flexible Business rule definition at various levels to parameterize operations.
  • Dual Screen display facility at the Check out counter

Value Proposition

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

Client Speaks

Manager Procurement Operations - Fortune 20 US Retailer
“You guys are the best! Thanks so much for stepping it up and making it happen!”

 

 

Case Studies

Convenient and cost-effective management of surveys, reduced time to complete surveys, better control on information flow are just a few benefits one of the oldest players in the US Insurance market experienced

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White Papers

Business engineering approach allows an organization's business process to bridge the business - IT divide and allow the actual implementation on which business operates.

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Industries Served

Food


Fashion/Apparel


General Merchandise


Specialty


Convenience


Cash and Carry


Shop in Shop


Home


Multi-Brand Franchise


Pharmacy


Restaurants/Hospitality


Jewelry/Watches


Consumer Packages


Goods


Hotels


Health