Related Services

Portal Services
Application modernization
Application development
Testing

 

 

Life and Annuities

Zensar's Insurance Practice offers IT services and Solutions to the Life & Annuities business. We understand the trends, drivers of the Life & Annuities segment gained expertise enabling us in providing superior business strategies to our customers while maintaining cost efficiencies. Typical drivers in the Life & 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 & solutions helping insurers in achieving operational excellence, exceeding 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 & 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

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

In order to consolidate the various heterogeneous systems, the client, a leading Life insurance provider in South Africa, wants an enterprise-wide Single Platform Strategy project

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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