MindTree recognizes the unique mix of challenges faced by the global insurance industry: price competition is growing, and the demand for faster product rollout has intensified. Producers and policy holders now require real-time visibility into policy information, and the complexity of commercial lines necessitates development of new underwriting approaches. Scrutiny of expense ratios and effective data warehousing and analytics for fraud detection are mandatory – just to stay competitive.
MindTree is well positioned to help you meet these challenges. With over 400 insurance consultants worldwide, our team employs a business driven approach to working with our customers. We understand your business needs and difficulties, and craft solutions which add real value - while helping manage costs. Our emphasis on industry training in partnership with globally recognized leaders such as AICPCU, RhoadsOnline, LOMA, and CII ensures that our teams speak the industry language. You can be confident that our project teams will have the specialized business knowledge they need before they begin work on your project.
Our Offerings
From product configuration, through distribution management and underwriting, to servicing and analytics, MindTree provides comprehensive solutions for the Insurance industry.
Product Configuration
Problems supporting rapidly changing product configurations? MindTree has the extensive experience to help.
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Distribution Management
Need to give your producers direct access to application and quoting services? MindTree has expertise with Web enablement to craft the right solution.
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Underwriting
Troubled by the complexity of rating commercial lines? Our detailed, customized applications can help.
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Servicing
Bogged down with maintaining legacy applications? MindTree has a successful track record of replacing and extending these systems.
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Analytics
Difficulties assuring quality of data warehouse and analytics solutions? MindTree ensures you have the most actionable information from data.
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As a full service provider, MindTree can tackle a range of IT challenges for insurance clients, including:
- Product discovery/definition phases in collaboration with business users
- Web enablement of legacy systems
- Mainframe re-platforming
- Full lifecycle development
- Application Maintenance and Support (AMS) services for existing applications
- Testing automation and execution
- Specialty areas such as DataWarehousing/Analytics and Infrastructure Management
MindTree offers these services in multiple models, from long term SLA-based engagements to project based delivery.
Why MindTree
MindTree recognizes that there are many qualified firms working to solve problems in the insurance industry today. What sets us apart is the attitude and professionalism of our people, the depth of our experience in both technology and business issues, and the focus on staying abreast of the industry. Our customers tell us that we make a real difference in their business.