TCS BaNCS for Property and Casualty

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

TCS BaNCS for Property and Casualty is a complete insurance solution suite, structured by parameter-driven component based architecture, allowing flexible configuration and customization. The solution's easy-to-use, web-based interface supports global organizations with multiple languages and currencies. This solution also supports insurers of different sizes and complexities across the globe.

TCS BaNCS for Property & Casualty, comes with add-on digital capabilities such as mobility, portal and data analytics and is available as a standalone, holistic product suite or as individual components such as policy administration, claims management, among others. As a component based solution that interfaces with legacy infrastructure, TCS BaNCS is equipped to meet all the needs of Property & Casualty insurers. Thereby ensuring flexibility and scalability through quick deployment, easy configuration of rules and the capability to manage multiple variants of insurance products across the globe.

Key Features

  • Product planning and development
  • Business partner management
  • Support for new business
  • Claims management

Key Benefits

  • Speed-to-market and flexibility
  • Complete functional coverage
  • Multi-channel delivery
  • Easy integration
  • Enhanced operational efficiency
  • Geography-based offering

Product/Service details