TCS BaNCS offers insurance solutions spanning life, annuity, pensions, property & casualty, reinsurance, and health insurance, supporting every event in the lifecycle of a policy. Resting on a digital core, the solution’s APIs and cognitive tools like AI and analytics have helped insurers enhance efficiencies, derive insights to create contextual offerings, expand their footprint and seamlessly connect to collaborative ecosystems for increased impact.
The TCS BFSI platform powered by TCS BaNCS provides end-to-end Platform-as-a-service capabilities. Over six major UK and Europe insurers and a large US insurer have leveraged BFSI platforms to improve customer experience, enabling a data and analytics engine, electronic communication hub and cloud infrastructure.
About Tata Consultancy Services (TCS) - Tata Consultancy Services is an IT services, consulting and business solutions organization that has been partnering with many of the world’s largest businesses in their transformation journeys for over 50 years. TCS offers a consulting-led, cognitive powered, integrated portfolio of business, technology and engineering services and solutions. This is delivered through its unique Location Independent Agile™ delivery model, recognized as a benchmark of excellence in software development. A part of the Tata group, India's largest multinational business group, TCS has over 592,000 of the world’s best-trained consultants in 46 countries. The company generated consolidated revenues of US $25.7 billion in the fiscal year ended March 31, 2022 and is listed on the BSE (formerly Bombay Stock Exchange) and the NSE (National Stock Exchange) in India. TCS' proactive stance on climate change and award-winning work with communities across the world have earned it a place in leading sustainability indices such as the MSCI Global Sustainability Index and the FTSE4Good Emerging Index. For more information, visit www.tcs.com