Transformation is the key to a successful Digital future in Insurance. Mphasis is ready to help you totally redefine your Business models with our innovative suite of products, technology and services; designed specifically with your future in mind, as we help you "Unleash the Next".
Insurance customers have expectations shaped by their own next best digital experiences through interaction with companies like Amazon and Uber. Meeting these expectations of choice, convenience, control, customized experience and cost, is both a challenge as well as an opportunity for carriers to recognize rewards across revenue growth, margin improvement, customer centricity and retention.
However, there are strong challenges - a traditional culture of risk-averseness, dynamic regulatory frameworks and intense competition. Plus, improvements to legacy operations and IT need to be delivered securely and cost effectively. Complete Transformation, not just continuous improvement, is the need of the hour.
Mphasis helps insurers design and deliver this transformation through its 'Front-to-Back Transformation' framework enabled by its proprietary X2C2 TM methodology (shift anything to cloud and power everything with cognitive).
This consulting and design framework, supported by Insurance specific cloud and cognitive solutions, re-usable assets and “test-learn-scale” agile delivery model is enabling Mphasis to deliver transformation faster, lower risk and achieve enhanced business outcomes across.