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Core Systems Modernization

Insurers today are seeking solutions that improve speed-to-market for new products, while also managing escalating cost of operations and regulatory compliance. “L&T Infotech’s (LTI) Product Competency Center (PCC) offering enables insurance companies with the power to select, implement and manage insurance software products.

Key Highlights of LTI’s Product Competency Center

  • 3000+ person years of experience in 20+ products, including Insurity, Duck Creek, Guidewire, etc.
  • Product Implementation Excellence (PIE) Framework,comprising 150+ process methodologies & 25+ automation toolkits. These are applied across 30 end-to-end product implementations encompassing business and technology/architecture consulting, requirements management, digital transformation, integration, platform/software upgrades, policy conversion/migration and Quality Assurance.
  • 25+ Digital Solutions, complementing core insurance systems, thus accelerating the digital transformation journey.
  • ARCoT – ‘A Right Choice of Technology’ framework, developed for Insurance software product selection, comprising a pre-defined set of Product Feature Library, Reference Product Demonstration Scripts, and proprietary product evaluation techniques.
  • Incubator Framework, enabling on-demand availability of domain, technology and product consultants.

Our clients have typically experienced the following benefits:

  • Compressed implementation & upgrade lifecycle by as much as 30%
  • Reduced cost of ownership by 25%
  • Emphasized Change Management, leading to high adoption rates and user productivity

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    Our Product Competency Centers

    Insurity

    Insurity

    Providing product lifecycle services to Insurity for almost 10 years for the entire suite of products

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    Duck Creek

    Duck Creek

    Smoothly execute Duck Creek projects with our integrated Digital solution, replete with accelerators, an upgrade toolkit and an automation suite

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    Guidewire

    Guidewire

    Accelerated Implementation and Optimized Support for Guidewire suite of products

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