IT Services for Insurance

Create a vendor selection project & run comparison reports
Click to express your interest in this report
Indication of coverage against your requirements
A subscription is required to activate this feature. Contact us for more info.
Celent have reviewed this profile and believe it to be accurate.

Overview

LTI helps insurers solve complex business problems such as Digital Adoption, Customer Experience Management, Speed-to-Market, Underwriting Profitability, Operational Efficiency, Distribution Effectiveness and Claims Optimization. Our domain expertise spans across the insurance value chain, including intermediaries, carriers, reinsurers, regulators and Independent Software Vendors (ISVs). Our IT services and solutions for the insurance industry will help you achieve profitable underwriting, while provisioning superior customer experiences.

LTI Insurance Business unit has Insurance experts that includes domain specialists, solution architects, business analysts, technology professionals, regulatory specialists and package implementation specialists. LTI's domain experts work in collaboration with various industry bodies, Insurance product companies, technology companies, InsureTechs and industry analysts.

LTI Insurance Business Unit offers a wide range of IT solutions and services across the insurance value chain, leveraging strong domain expertise, innovative intellectual property and robust frameworks. We serve multiple leading insurance players globally, focusing on General Insurance, Life & Pensions, Reinsurance & London Market segments.

LTI’s Insurance BU has clients across the globe, some of our major clients include:

  • 4 of Top 10 US based Global Brokers including Leading Reinsurance Broker
  • 3 of Top 10 Insurance Carriers in North America
  • 2 of Top 5 Global Reinsurers
  • 2 of Top 5 Health insurers
  • Leading 5 Workers Compensation Insurers
  • Leading Insurers in UK, Canada, SA, India
  • Leading ISV with P&C Specialty

We cover end to end IT services provisioning majorly comprising of Consulting, Digital Transformation, Business Analysis, Application Development & Support, Application Modernization, Product Implementation, Upgrade, Analytics, Automation & testing.

Awards and Recognitions

  • We are recognized as a “Major Contender” and “Star Performer” in Everest Group’s Insurance Application Outsourcing PEAK Matrix™ 2016 and as Leaders in large size Insurance IT services provider by Novarica.
  • Featured in Celent reports on 'IT Service Vendors Solution Spectrum’ for the Insurance industry – North America, EMEA, APAC
  • Featured amongst top technology providers in 2014 FinTech Forward 100 list

Solutions:

  • Connected Insurance – Loss prevention that will lead to better underwriting results
  • AccuRusi 2.0 Underwriting workbench /Smart Underwriting – Leveraging of data and analytics to improve underwriting gain
  • Cognitive Claims – Reducing loss adjustment expenses by Zero touch claims
  • MOSAIC™ platform:End to end digital platform providing capabilities across Big data / Analytics, IOT/Sensors, Artificial Intelligence, Automation (IT & Business Process), Security (Cyber) and Customer experience
  • Cognitive data intake - Intelligent sourcing, mapping, enriching and validating data sets using machine learning
  • Claims FNOL – Better experience through 24X7 available Virtual Assistant
  • Customer 360 – Know customers better by leveraging the abundance of data sources
  • Smart Selfie Quotes – Providing quotes by analyzing customer selfie pictures

Link : www.lntinfotech.com

Product/Service details

SOLUTION TYPE
Geographic Availability
North America