Navigating Technological Shifts and Regulatory Demands
Insurers today are reimagining their operating models and core competencies in line with the industry’s rapidly evolving technology.
Our ongoing capability investments and deep partnership with insurtechs is helping insurers reassess their functions to unlock business value and deliver on operating models of the future across their value chain. With a key focus on the insurance function, our solution enables insurers to deliver customer-centric solutions, control costs, secure data management and improve risk selection.
Driving Optimal Results for Insurance Processes
Simplify your insurance operations through efficiency and customer satisfaction.
Subrogation-as-a-Service
Our AI/ML-led subrogation management solution enables insurers to reduce associated costs and improve identification of potential cases and recoveries, along with integrations to core claims platforms, surround systems and external systems.
Point-of-sale solutions
Digital capabilities that deliver a physical experience with intelligent data, content and process management solutions for efficient underwriting processes, and omnichannel touchpoints to mitigate dissonance across the sales lifecycle.
Risk marketplace
An omnichannel marketplace with custom-built risk engine and end-to-end IoT solutions to tap into newer business models and improve user experiences through real-time AI-enabled product recommendations for re-insurers.
Distribution Management
Configurable SaaS solution across distribution value chain for a smooth experience for the channel stakeholders. Feature rich processes incentivizing better performance while managing hierarchy, compensation and payouts across lines of business.
Why HCLTech for delivering business outcomes in insurance?
HCLTech enables insurance carriers to stay ahead of the transformation curve with outcome-focused solutions that adapt to changing customer needs and regulatory environments.
Domain expertise
End-to-end transformation center of excellence for insurance products
Partner ecosystem
Automation, core execution, distribution, underwriting and BPM
Closed book services
FCA-regulated UK life and pensions administrator with end-to-end capability
Business model transformation
Delivering deep outcomes-based services recognized by Everest, Avasant and HFS
Insights and News
Generative AI: A game changer for financial services
Explore the need for cloud adoption in the financial services industry to drive agility and innovation
Streamline the insurance claims management process
Explore the claims adjudication process with the help of AI to make handler processes faster and more productive
