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Business Transformation Services for Insurance

The ever-changing business & technology landscape within the Insurance industry, makes business transforma¬tion the most critical element. It also makes aligning IT with business strategies increasingly complicated. LTIMindtree has years of insurance industry experience to translate the strategic business intent into operational results, through highly innovative thinking, and approaches to help insurers in their business transformation journey. Our Business Transformation and Core System Services help drive business performance results, which enable insurance organizations to deal with the challenges and develop customer-centric focus, to achieve the competitive advantage.

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    Business Transformation Services

    Customer Engagement

    Customer Engagement

    Maximize customer lifetime value through deeper Customer Connect

    Distribution Effectiveness

    Distribution Effectiveness

    Enable ease of doing business and create an Omni-channel Presence

    Operational Efficiency

    Operational Efficiency

    Reduce cost of operations and improve productivity through automation and workplace collaboration

    Profitable Underwriting

    Profitable Underwriting

    Improve risk selection and pricing accuracy through rigorous underwriting

    Claims Transformation

    Claims Transformation

    Optimize loss payouts, manage fraud and control expenses, while providing a seamless claim experienc

    Compliance

    Compliance

    Ensure adherence to insurance regulations and industry standards, while reducing the cost of compliance

    Core System Services

    Create The Future

    Create The Future

    Enable a growth-oriented business model through core system modernization / replacement

    Manage The Present

    Manage The Present

    Achieve cost efficiencies, quality and reliability through extreme automation and managed services model

    Selectively Abandon The Past

    Selectively Abandon The Past

    Selectively decommission/ modernize the existing obsolete products and processes