VARINDIA IT MAGAZINE

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE Tata Consultancy Services has unveiled that Westpac Life NZ Ltd (Westpac) has selected TCS - BaNCS Insurance - IT solution for upgrading and transforming life insurance software platform. TCS BaNCS Insurance provides a complete end-to-end solution for the insurance business, supporting all mainstream products, sales channels, and lifecycle functionalities, including customer management, product definition, policy administration, claims management, insurance accounting and reinsurance. Pradipta Pandit, TCS Financial Solutions Product Head said, "The innovative platform will provide Westpac the ability to define, configure and launch new products in a swift and efficient style. Our experienced delivery team is looking forward to activating another successful TCS BaNCS implementation." Kevin Crowley, Westpac Head of Insurance said, "The transformation programme will enable the Insurance business to respond rapidly to changing ma

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE Westpac Life NZ Limited (Westpac) has selected TCS BaNCS Insurance to assist the financial institution to upgrade and transform its Life Insurance software platform. Kevin Crowley, Head of Insurance, Westpac, said, "After an extensive evaluation process, we selected TCS BaNCS Insurance solution due to its flexibility, ease of configuration and strategic technical fit with our insurance-related business requirements. The transformation programme will enable the insurance business to respond rapidly to the changing market conditions as well as offer improved levels of service to Westpac's customers." Pradipta Pandit, Product Head - TCS Financial Solutions, said, "We are delighted to be working with Westpac to introduce new and exciting insurance products in New Zealand. The innovative platform will provide Westpac the ability to define, configure and launch new products in a swift and efficient style. Our experienced del