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Property & Casualty Insurance
Property and Casualty (P&C) insurers are encountering a new business landscape with evolving distribution channels, customers demanding improved service and competitive pricing. The advent of emerging technologies such as mobile platforms, telematics, usage-based insurance, social networking etc. is also opening up new opportunities to gain competitive advantage.
What Mahindra Satyam provides
Powered by nearly 300 IT professionals who are trained in the P&C insurance space, Mahindra Satyam has enduring relationships with some of the largest P&C insurers across the globe for over a decade. Our P&C insurance practice can help your business gain competitive advantage through service offerings that are the need of the hour in P& C insurance.
Mahindra Satyam helps: |
- Leverage mobility for enhanced collaboration for end-consumers as well as agents
- Improve operational efficiency of core processes with business process management
- Increase customer retention & enhance agent performance through customer analytics and CRM
- Improve risk evaluation and pricing using predictive analytics
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| Key Focus Areas |
- Distribution and Channel Management
- Product Rationalization
- Quote & Underwriting
- Core Systems - Policy and Claims
- Customer Centricity
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| Success Stories |
- Predictive Modeling for Risk Evaluation and Pricing
For a leading US personal and commercial lines insurer, Mahindra Satyam developed a Data Mining & Analytical Solution involving multivariate analysis / linear modeling to arrive at risk-based pricing structure.
- Product Rationalization for a General Insurance Company
For a Canadian general insurance company, Mahindra Satyam provided consulting services for a that resulted in impact analysis of product rationalization on 27 product variants across 11 product lines to be consolidated into 15 product variants.
- Customer Centricity for a global giant
For a global insurance giant, Mahindra Satyam helped develop a CVM model and conduct Customer Analytics.
- End-to-end Siebel implementation
For a premier insurance company in UAE, Mahindra Satyam executed a large, end-to-end implementation of Siebel.
- Distribution Channel Management for a leading insurance company
Mahindra Satyam is the trusted partner for application modernization, maintenance & support for agency information management system for one of the world’s leading insurance company.
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About Us
