Life Insurance and Annuities

Harness the power of data to drive growth and profitability in your life insurance business.

Digital Services

Overview

Life insurance is based on relationships, trust, dependable service and robust investment strategies. Syntel provides insurers with an inclusive set of solutions.

Offerings 

  • Core insurance services, including implementation of commercial and custom-built product platforms like VANTAGE, RPS, Cyber Life, LifeComm, LANMARK, LIFE/70, nBA, NBU, wMA, Exceed J, CSC Series III, SAP IS and Oracle Adminserver
  • Legacy modernization services 
  • Automated BizOps for Insurance
  • Big Data based predictive analytics framework
  • Regulatory compliance
  • Multi-state roll-outs for leading life and annuities lines of business 
  • Rules engine deployment for improved underwriting performance
  • Domain-focused testing with a test case repository to accelerate test planning and design, and reduce dependency
  • Insurance forms management centers with accelerators to improve productivity for forms management

Success Stories

Delivering Managed Services Excellence for a Leading Life & Annuities Carrier

The client, a leading Life and Annuities carrier, was working with several on-site IT contractors with no scale. They needed to execute an extensive vendor consolidation effort to manage 180+ enterprise applications, 6,000+ small / medium sized business apps, and more than 20 new development initiatives. See how Syntel stepped in and delivered the scale, efficiency and expertise they needed.

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Automated Testing for a Leading Life and Investments Firm

A life and investments company was unable to introduce new products to market fast enough to meet business demand because their testing was taking too long. As a result, the competition was able to gain market share and achieve better customer satisfaction. See how Syntel helped them build a more agile IT function to compete effectively.

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Fortune 100 Insurer Transforms From SAP BW to SAP HANA

The client is a Fortune 100 insurance company that was looking to replace an aging SAP Business Warehouse (BW) system with a more modern, in-memory SAP HANA platform.

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50% Faster Financial Period Cycles by Implementing SAP HANA

A large insurer wanted to consolidate BW systems to a single platform to improve efficiency, reduce maintenance costs, complexity, and redundancy. See how Syntel helped build a robust framework to manage increasing data volumes and deliver better business insights.

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Syntel Helps Insurance Giant to Move to a Customized Agile Model

A large insurance company required an enterprise data warehouse with integrated dimensional modeling to meet its business objectives. Syntel created accelerators to help the customer reduce costs and improve time to market.

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HubSpot - https://forms.hubspot.com/uploads/form/v2/3969078/bbe48aa3-2423-445f-8dbf-6c60ff818834 Pardot - http://connect.syntelinc.com/l/5412/2014-04-28/w7mlk

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