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Changing risk profiles and an increasingly competitive environment continue to put growth, profitability and innovation high on the list of business imperatives for the insurance industry. Evolving regulatory norms and the need to reduce costs, demand operational excellence through extraction of better value from IT.

CIOs today are willing to spend top dollar to revamp their IT systems in order to leverage the benefits of modern technology on one hand, while enabling quantum improvements in business operations on the other.

The quick wins to achieve operational excellence are typically the new business and policy administration, claims operation and agency management.

At L&T Infotech, our insurance practice provides solutions in the following areas within the Property & Casualty (General Insurance) industry:
  • New Business and Policy Administration
  • Claims Management
  • Distribution Channel Management and Integration
  • Reinsurance
  • Improving IT Alignment to Business Strategy (BITA)
  • Business Performance Measurement
  • Package Evaluation and Implementation