Comprehensive Data Management With Insurance Genome Solution

Overview

Infosys Insurance Genome Solution enables insurers to emerge as leaders in embracing digitalization and data nativity. The solution delivers a unified data platform for the entire product line (P & C, Life, Specialty, Auto) across complete policy lifecycle, starting from sales to claim settlement. Our Genome Solution treats customers, agents, and partners as entities. The solution integrates and unifies data from fragmented enterprise data, external data, digital data, etc.

The unified data platform helps with a 360-degree semantics view for all entities/processes catering to enterprise analytical and insights needs in an accelerated manner.

360-degree customer genome includes demographic information, policy, billing, payment, claims, and systems data along with browsing and service request information which can help with descriptive and predictive analytics.

The solution provides a suite of components — Deep Domain Data models, Open Source/Native hybrid suite of technology assets to integrate data sets and library of operational insights and analytical models.

A comprehensive data management and analytics solution with a 360-degree view

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The solution seamlessly aligns business vision with technology objectives.

Delivers immense value to business by generating insights that will lead to insurers providing great customer experience. It helps generating more sales leads and improving brand value by application of unified semantics insights generated from this solution. These aids improve operational efficiency and plug claim leakage through fraud. It brings insurance-specific accelerators which help the technology team to realize 40% cost savings at the time of rolling out new features.