Tata Consultancy Services’ (TCS) customer and leading insurance provider -- Nedbank Insurance, has won the Celent Model Insurer 2019 Award for Legacy and Ecosystem Transformation. The Nedbank Group embarked on a strategic mission to align three independent business lines - Nedgroup Life, Nedgroup Insurance Company and Nedbank Insurance Distribution - under one brand, Nedbank Insurance.
In pursuit of this mission, it launched a core transformation program that entailed replacing various legacy systems with a single enterprise Policy Administration System (PAS) powered by TCS BaNCS, catering to both, life and general insurance products.
Tata Consultancy Services is an IT services, consulting and business solutions provider that has been partnering with the world’s largest businesses in their transformation journeys for the last fifty years.
