Bajaj Allianz General Insurance Moves to the Cloud With Tata Consultancy Services BaNCS
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- With Tata Consultancy Services' SaaS Solution for Insurance, Bajaj Allianz is the First Premier General Insurance Carrier in
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Bajaj Allianz selected TCS BaNCS Cloud for Insurance with the goal of adopting next-gen technologies and leveraging the power of cognitive solutions to enhance operational efficiencies, accelerate its digital transformation journey, and improve customer experience. This migration makes it the first premier general insurance carrier in
"In a Digital First,
TCS BaNCS Cloud for Insurance is an end-to-end core insurance SaaS solution spanning life, annuity, pensions, property and casualty, reinsurance, and health insurance. It supports multiple public and private clouds, enabling insurers to reduce their cost of IT infrastructure and benefit from global availability, scalability, security, and agility. Leveraging cutting-edge technologies, including conversational AI to guide and advise end customers, or TCS' distributed ledger-based blockchain solution, Quartz(TM), the solution can help insurers expand their business, and collaborate, connect and leverage the power of newer and richer ecosystems. Through the use of cognitive solutions such as AI and analytics (TCS OPTiX), they can gain from faster and error-free claims adjudication and policy servicing.
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About TCS Financial Solutions
TCS Financial Solutions is a strategic business unit of
To know more about TCS BaNCS, please visit: https://www.tcs.com/bancs
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