With the rise of digitization, the Property and Casualty (P&C) insurance industry is under tremendous threat in order to cope up with increased competition arising out increased demand of innovative products and use of multiple electronic channels. The adoption of emerging technologies like telematics, GIS has become a ‘must’. Fraud management and claims cost control feature among the top priorities of global P&C players.
Tech Mahindra offers the right set of solutions for P&C insurers to embark on their transformation journey. Tech Mahindra has partnered with global P&C Insurers in order to deliver services through end-to-end application development and maintenance in areas covering but not limited to new business underwriting, policy administration, claims management among others. Our domain centric offerings based on emerging technologies like telematics (usage based insurance, GIS) and advanced analytics (automated claims processing with fraud prevention, Social Media Analytics) are examples of our commitment to become a pioneer in this domain.