TCS BaNCS Digital Solution for Agents/ Brokers

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Overview

TCS BaNCS Digital Solution for Agent and Broker is web based software offering which provides comprehensive support for the advisory and product selling of an insurance agent on behalf of a particular insurance company.

This application enables the agent community to offer products from any insurance company to their individual and corporate customers, using appropriate delivery channels. It can be integrated with insurers’ core insurance applications, thereby being able to offer comparative quotes, collect premium and issue/renew policies on line.

The TCS BaNCS solution caters to the need for insurance carriers to empower their Brokers and Agents, enabling them to enhance customer interactions and serve newer business requirements.

Key Features

  • Supports multiple Insurance products from a specific insurance company
  • Comprehensive lead management capability
  • Accommodates Personal line as well as commercial products from a single platform
  • Offer illustrations, comparative quotes, and issue/renew policies online/ offline to both retail and corporate customers
  • Comprehensive Renewal Management along with Renewal Notice generation, Renewal Follo-ups etc.
  • Single-Window views/ Dashboard and KPI to monitor and manage the entire business

Key Benefits

  • Reduced Time to Market by reduced vendor dependency for inlusion of new OEM/ Products. So business scalability is unparalleled and business growth are on fast track.
  • Multi Line, Multi-Channel, Multi Entity & Multi Currency Support through easy adoption of business process, ratings, data masking needs for multi-channel deployment and ensuring transaction visibility across channels seamlessly.
  • Enhanced efficiency through automation of standardized and simplified straight through processes.
  • Service Oriented Architecture. Supports online and offline data exchange with Insurers.
  • Responsive User Interfaces, which can be rendered in all Mobile and Tablet devices.
  • With an agile product release strategy and strong middleware we empower customers to embrace risk and design a business that is agile and adaptive to ever-evolving market and business need.

Product/Service details

SOLUTION OR SERVICE TYPE