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TCS positioned as Leader in Everest Group PEAK Matrix for ADS in P&C Insurance

31 Jan 2023 Evaluate

Tata Consultancy Services (TCS) has been positioned as a Leader in the Everest Group PEAK Matrix for Application and Digital Services (ADS) in Property & Casualty (P&C) Insurance. In an assessment of 21 insurance IT service providers, TCS was placed highest for its vision and capability.

According to the report, TCS has made significant investments into building a robust suite of solutions and accelerators across insurance value chain focusing on faster time-to-market and seamless customer experience. This, the report says, has enabled the firm to cement its position as a transformation partner of choice for its P&C clients.

It also highlights TCS’ proven success in assisting P&C insurers with their end-to-end transformation needs across emerging demand themes like IoT, cloud adoption, AI/ML based underwriting, touchless claims management, and development of risk mitigation algorithms across engagements. Cited as key differentiators are TCS’ scale, technical and domain expertise and client management capabilities.

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.

Peers
Company Name CMP
TCS 2130.10
Infosys 1040.00
HCL Technologies 1280.30
Wipro 164.95
Tech Mahindra 1558.00
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