MindTree offers Insurance specific services and solutions tailored to transform your business and help you move on the road to growth and efficiency. Combining technology capabilities with strong insurance domain skills, the Insurance Industry Group at MindTree covers a large footprint of insurers: Property and Casualty, Life and Health, Speciality Line and Reinsurance.
Solutions and Services
eSolutions: Distribution and Servicing Management solutions
With products no longer being the key differentiator, distribution and servicing have to become innovative to address customer needs. Agencies, producers and independents use a mix of proprietary and home grown tools to capture new business and service.There are differences in the manner in which your distribution partners may be leveraging technology and the internet. The customer has become more informative, smarter and will not care for any lacunae in your distribution and servicing approaches.
Your eBusiness strategy and implementation can one of the determinants of your future success. MindTree has a decade old experience of designing, developing and implementing eBusiness solutions for Insurers.
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Independent Testing
Insurance carriers are facing pressures to develop and launch new products, and that means there would be a need for newer apps; as the level of interactions between the insurer and the customer and other stakeholders increase, quality aspects would be under pressure. Insurance carriers demand high levels of reliability and quality in IT solutions. MindTree focuses on managing outcomes through its testing services and not plain talk about resources and tools.
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Business Intelligence, Data Warehousing and Analytics
Insurance companies have been building data warehouses (in some cases it could be an enterprise wide DWH or LOB specific data marts) to drive their reporting and informational needs. The question that industry experts and senior management has been putting to CIOs is - Has it served the the objectives or what has been the ROI from all the investments made? Are your businesses or departments satisfied with the reports, dashboards and KPIs that have been driven through the existing data infrastructure? is your exisiting data management and Business intelligence strategy helping drive decisions?
MindTree has been working with Insurance carriers, reinsurance brokers, MGAs on multiple fronts to support their information management initiatives through solutions in analytics, performance management, policy and claims management and senior management dashboards.
Application Maintenance and Support
The current economic environment has necessitated lower discretionary IT spend, and an urgent need to drive down operational costs. Balancing risk exposure and service experience while rapidly implementing cost reduction programs has become the one of the main items on the CIO agenda. MindTree's portfolio-based, consultative approach takes a holistic view of technology, information architecture, people, and services
Legacy Modernization
Carriers have been trying to extend the useful life or replace legacy systems. The impact and scope of legacy modernization programs on organization, people, process and technology can be significant. MindTree with its rich experience and partnership with tool vendors can help carriers to decide on the right approach on modernizing legacy applications.