TCS’ insurance solution to drive digital strategy for insurance carriers

09 Jun 2014

Tata Consultancy Services’ (TCS) superior, holistic suite of insurance solutions -- TCS BaNCS – is all set to enable carriers to leapfrog the digital divide through analytics and leveraging ISO Electronic Rating Content1M (ERC) information. TCS BaNCS encompasses a transformational digital strategy that builds on Data Analytics, Mobility, Portal and Social Media.

TCS BaNCS has integrated ISO ERC and offers a richly functional core platform that not only helps carriers serve customers better but also embrace customer's changing aspirations and needs of the future.

In line with the TCS digital strategy, the ISO ERC integration provides the possibility of utilizing ISO rating information and changes as input into automated rate comparisons, predictive modeling and other advanced analytical methodologies. As part of the product roadmap, TCS BaNCS has also expanded its capability to drive transformation leveraging big data and analytics, mobility, social media and portal.

Tata Consultancy Services is an IT services, consulting and business solutions organization that delivers real results to global business, ensuring a level of certainty no other firm can match. TCS offers a consulting-led, integrated portfolio of IT, BPO, infrastructure, engineering and assurance services.

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