Operation IT

Insurance

Insurers are facing a difficult economic environment while having to manage demanding consumers and burdensome regulations that will not abate. To manage in this difficult environment, insurers need to become more efficient and improve their client propositions.


They recognize this fact more and more, that it is imperative that they expand in core and emerging markets, create innovative products and services for changing consumer demographics, control costs while meeting tough regulatory norms.


OperationIT’s business and domain experts work closely with insurers, reinsurers and intermediaries, across life and annuities, disability insurance, long term care, property & casualty, investments, and specialty lines. We have the expertise to help you compete successfully and operate more efficiently, deploying information technologies such as mobile devices, social media, big data, predictive modeling and cloud computing.


Our business and technology consultants use these emerging technologies to address some key challenges in the insurance industry. These include:

  • Industry Consolidations through M&A
  • Growth and Client retention
  • Fraud, Risk and compliance
  • Operational efficiency
  • Expense control

Our insurance domain technology consultants deliver high-end solutions and end-to-end consulting services covering areas such as:

  • Web Services driven self service applications
  • Automating application process steps and achieving STP (straight through processing)
  • Unified communication systems
  • Web based Point of Sales systems
  • Claims Management Systems
  • Reliable and fast IT infrastructure
  • Mobile and wireless initiatives
  • Business Intelligence and Advanced Analytics