Overview
•Cognizant Consulting Insurance (CCi) is organized by Domains that address specific business, operations, and IT challenges across Insurance products and processes
•Domains encompass Line of Business, Value Chain, Technology/Products in Insurance that delivers reusable artifacts and frameworks
•Dedicated Domains across Lines of Business (LOB) : P&C Personal, P&C Commercial, P&C Specialty, Life & Annuities, Group Benefits, Retirement & Pension
•Focus on Insurance value Chain (Sales & Distribution, New Business & Underwriting, Policy Administration, Claims), Digital and Product advisory across LOBs
Key Features
•Business and IT transformation: Designing Business & Technology Strategy, Roadmap, Implementation
•Impact assessment of changing imperatives to insurance business – e.g. COVID-19, IFRS-17
•Digital Transformation: Alignment with AI/ RPA/ IoT/ Blockchain / ML capabilities to increase ROI
•Process Transformation Advisory - Optimization & Redesign, Capability maturity assessment
•Product Advisory– Platform evaluation, Operating model, Inception & Implementation - Guidewire, Duck Creek, Unqork, EIS, OIPA, Vantage,
Key Benefits
•Cognizant Consulting Insurance (CCi) is part of 6000+ strong global Cognizant Consulting Organization
•CCi with 500+Insurance consultants is a group with deep insurance industry expertise, offering strategic advisory services to clients
•Strong global footprint with consulting presence in over 20 countries across North America, Europe and APAC
•Strategic partner to 9 of 10 leading NA insurers