Tata Consultancy Services (TCS) has been named a leader in the Everest Group PEAK Matrix for Life & Pensions (L&P) Insurance BPS/TPA Services. In an assessment of 20 L&P insurance BPS/TPA service providers, TCS was placed highest in the market impact category. TCS continues to expand its client base across key markets such as the US, Ireland, Europe and Asia Pacific, administering the largest scale of policies among all BPS/ TPA providers.
The report states that TCS has expanded its transformation value proposition by enhancing the TCS BaNCS platform as well as developing an array of cognitive solutions to enable digitalization for clients across areas such as intake digitization, claims adjudication, and illustration generation. It further highlights the end-to-end services provided by TCS, covering the entire value chain from actuarial to claims. This leadership positioning is a reflection of strong vision and capabilities, investments in innovation, comprehensive portfolio of services and solutions, and the resultant market success.
TCS 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.
