Property & Casualty

Property & Casualty (P&C) Insurance volumes are on the rise and this is good news for the industry. However, P&C insurers face challenges from newer players such as online aggregators and auction sites featuring multiple quotes from bidders and private exchanges. Changes in consumer habits, regulations and insurance distribution are spurring innovation. P&C insurers need to keep pace by developing better products and adopting cost-effective ways to reach customers and deliver products.

How Wipro Helps

P&C Insurers are experiencing a fundamental shift in the way they do business. Technologies like cloud, SOA, analytics, social networking, Web technologies, and proliferation of mobile applications have changed the competitive landscape.

Wipro helps you by:

  • Leveraging emerging technologies and helping adapt to a changing business environment
  • Using data and analytics to innovate and develop competitive new products and services
  • Improving product delivery aligned with emerging consumer habits and preferences
  • Leveraging automation for improved efficiencies and better margins

Our consultants with an average experience of 10 years have delivered innovation in products, branding, marketing and pricing strategies to customers across the globe. In addition, they have helped P&C Insurers be more agile through application consolidation and legacy modernization of core systems.

  • Segments

    domainExperts
    • Personal Lines
    • Commercial Lines
    • Specialty Insurance
    • Reinsurance
    • Global Corporate

    Services

    areasCovered
    • Customer Experience & Digital Distribution
    • Simplification
    • Platforms & Utilities
    • Infrastructure
    • Governance, Risk & Compliance
    • Data & Analytics
    • Finance Transformation

    Processes

    keyDifference
    • Claims
    • Underwriting
    • Policy Lifecycle Management
    • Sales and Servicing
    • Billing
    • Customer Relationship Management (CRM)
    • Broker Relationship management
    • Global Corporate bid management tools