Modernized Underwriting Solution :10 Week Implementation

TCS - Data & AI

The service includes various Azure Data & AI components like Azure Data factory ADF, CDM, ADLS, Databrics, Azure synapse, Azure ML, Power platform, Azure devops,

Modernized Underwriting Solution on Azure, © Copyright [2021], Tata Consultancy Services Limited. All Rights Reserved, offers an intelligent risk assessment platform that automates the traditional underwriting process by utilizing the AI and automation capabilities of Microsoft Azure. 

The solution levarages key Azure Services like Azure Data Factory, Common Data model, Azure Synapse, Azure ML, Power platform, Azure Purview.

The engagement provides consulting and professional service including implementation in customer environment

AI-based analytics brings the underwriting process closer to the point of sale, enabling agents to quote, submit, receive decisions, and issue policies, while improving the efficiency of the insurance value chain using straight-through processing. Its recommendation engine offers suggestions for medical examinations, risk classes, profile highlights and scores, probability of claims, and final decision of accepting or rejecting applications.