TCS BaNCS for Insurance

TCS BaNCS for Insurance is a comprehensive core insurance solution spanning life, annuity, pensions, property & casualty, reinsurance, and health insurance, and is designed to support every event in the lifecycle of a policy. Resting on a digital core, with conversational AI to guide and advise policy holders, and TCS’ distributed ledger-based blockchain solution, Quartz, the solution can help insurers expand their business, collaborate, connect and leverage the power of newer and richer ecosystems.

Product and service specifications
• Oracle
Language used
• Java
• Other
Operating system
• HP-Unix
• IBM i (i5/OS)
• Linux
• Solaris
• Windows 2003
Pricing structure
• Fixed
• Volume-based
User interface
• Web
policy administration system, health insurance solution, retirement solution, property and casualty solution, life and annuity solution, life and pension solution, reinsurance solution, SaaS insurance