Establish Agile, Efficient Operations

Get your systems and processes in shape for digital transformation

Industries/ Insurance/ Property and Casualty /Establishing Agile Efficient Operations

Insurance leaders are driving digital through every corner of their Legacy modernization continues to be a top priority in insurance. According to analysts, 24% of senior insurance IT executives placed legacy modernization among their top three priorities for new and discretionary IT spending for 2016. However, legacy modernization may simply be a proxy for insurers’ true priorities - growth, capturing digital revenue streams and defending against new competitors because of the role these systems play in stifling digital transformation.

NTT DATA helps you balance the need to modernize legacy applications and core systems with the imperative to drive new digital technologies across the enterprise. Our consulting, technology and outsourcing experts work with you to operationalize flexible, agile systems that achieve ROI faster, align with digital business goals and minimize risk. 

Our solutions help you:

  • Leverage cloud-based and as-a-service platforms to improve flexibility and efficiency
  • Modernize legacy systems to lower risk, reduce costs and improve service delivery
  • Select and optimize enterprise applications that help you evolve your IT ecosystem
  • Establish a flexible digital architecture to optimize IT performance and costs

“The smart, selective integration of IoT data from wearables, sensors and Smart Home technologies can help insurers pursue new growth, attract millennial customers and achieve underwriting excellence. But accessing the data from these various sources and being organizationally ready to leverage it will be key to carrier success.”

— Normand Lepine
Senior Practice Lead, Insurance Data and Analytics
NTT DATA
 

Our solutions:

BPO for Life Insurance

Struggling to keep pace with the latest technologies and regulatory compliance measures for the life and annuity marketplace? Our life insurance solutions provide third party administration (TPA) services enables you to manage your existing products with efficiency and maximize new business opportunities quicker and at lower cost.

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Cloud-Based As-a-Service Platforms

NTT DATA’s Cloud Lifecycle Services span Advisory, Modernization, Operations and Management.  We help you make informed decisions about cloud service and deployment models, deliver faster results by scaling IT resources quickly and affordably, and promote flexibility and growth through integrated, on-premises systems and cloud services.

Establishing a Flexible Digital Architecture

To optimize IT performance and costs, many of today’s digital businesses share common foundational IT elements. They range from cloud infrastructures that support auto-scalability and on-demand utility computing, to multi-sided platforms that support open API-based service integration, to service-oriented architectures enabling more flexible, modularized solution integration. Selectively incorporating these technologies on a consumption basis can accelerate your digital transformation. NTT DATA can help you determine the right mix for your technology and business needs.

Mainframe and Legacy Platform Optimization

At NTT DATA, we provide a full suite of Application Modernization services that deliver value at every step to lower risk, reduce costs and improve service delivery. From application portfolio rationalization and modernization planning to mainframe re-hosting, application transformation and application retirement, our methodology helps you reduce costs, accelerate growth and free up resources for innovation initiatives.

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Claims Transformation Services
Streamline your claims processes and implement modern tools and technology to improve the customer experience.
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Optimizing Enterprise Applications

The insurance industry increasingly relies on packaged applications to modernize business operations. Fitting new applications seamlessly into the existing application portfolio is a key challenge. NTT DATA combines industry partnerships with decades of application integration, development and management to help you overcome integration challenges and successfully evolve your IT ecosystem.

Our offerings include:

Voluntary and Group Benefits
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Closed Block Insurance Outsourcing
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Active Block Insurance Outsourcing
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