TCS BaNCS Cloud helps Myanmar-Based Insurer accelerate innovation, enhance customer experience

21 Oct 2020 Evaluate

Tata Consultancy Services (TCS) has declared that KBZ MS General Insurance and KBZ Life Insurance, the first officially licensed private insurance provider in Myanmar, has successfully moved to TCS BaNCS Cloud for Insurance.

KBZ MS is a new age and upcoming insurer in Myanmar with presence in 20 cities, offering the entire range of general insurance from motor insurance to property and health for individuals and groups across 22 branches. The company selected TCS BaNCS Cloud for Insurance to transform its legacy core system to a modern, scalable digital solution. TCS implemented the end-to-end, digitally-enabled SaaS solution on a public cloud. The integrated solution spanning property and casualty, health, and life insurance went live during the disruptive COVID-19 lockdown period, enabled by TCS’ Secure Borderless Workspaces, a transformative operating model that allows organizations to fully and seamlessly transition to virtual workspaces.

Tata Consultancy Services is an IT services, consulting and business solutions organization that has been partnering with many of the world’s largest businesses in their transformation journeys for over 50 years.

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