Insurance
Winner of LOMA's 2005 Excellence in Education Award
Capgemini @ ACORD LOMA 2007
Becoming an Agile Enterprise
Rapidly evolving business expectations—driven by competitive and financial pressures, compliance requirements, and internal and external customer demands—are forcing insurance firms to take a hard look at their core business functions. The insurance industry today is confronted with tremendous opportunities for business connectivity, integration, and growth.
Uncovering new opportunities for operational efficiencies and innovation is necessary for survival. But success depends on how well an organization can respond to this dynamic environment; how its investments in IT solutions increase the agility of the enterprise. Here's where to start.
Uncommon Technological Breadth and Depth
Capgemini’s consulting and technology services and solutions are cast from a deep understanding of the insurance industry. We currently serve the needs of 11 of the 15 largest global insurers, as ranked by their revenues.
Whether your organization plans to grow revenue, implement a new front-office system or embark upon a legacy core-system transformation, our domain experts and enterprise architects can help you develop a Service Oriented Architecture (SOA) – your organization’s roadmap to success. We also offer the complete lifecycle of insurance-application services and solutions, including: business process modeling; application-systems development; component development; package-based application implementations, enhancements and integration; maintenance and testing.
As a total insurance solutions provider, Capgemini partners with clients in health; property and casualty; and life and annuity insurance firms to:
- Deepen customer relationships
- Improve operational efficiency
- Optimize and transform key processes
Capgemini Delivers
For Health Insurers:
- Functional specialization in claims and Federal Employee Program (FEP) processing.
- Real-world experience in building systems for member and provider information management, claims administration, providers and subscriber services, and HIPAA claims support.
For Property and Casualty Companies:
- A rare combination of cost-effective, multi-site development and world-class P&C functional, technical, and product expertise.
- Core competencies: marketing, customer and agent portals, policy quoting and underwriting, policy administration, claims processing and billing.
- Technology experience in the P&C environment encompasses: COGEN, AIS, Fiserv, BLAZE, ILOG rules engine, DWL, Siebel, and other well known software systems.
For Life and Annuity Insurance Firms:
- Subject-matter expertise in traditional and non-traditional (unit-linked) life, insurance, annuity, and pensions.
- Core competencies include: point-of-sale applications, new business and underwriting systems, policy administration, enterprise billing, agency compensation and core systems to support traditional, non-traditional, annuity and pension products.
- Experience with life insurance packages covers those in use across all major geographies.
Our key partnerships provide cost-effective conversion solutions to the marketplace.
