Digital Transformation


The new face of insurance digital transformation

Digital transformation marks a radical rethinking of how insurers use technology, fundamentally changing processes for the tech-savvy consumer. Insurers today must digitize various aspects of their operations to keep up with the demands not only of the insureds but also of agents, brokers, and internal stakeholders like underwriters, claim adjusters, etc.  Coforge’s digital transformation in insurance is powered by Artificial Intelligence (AI), Machine Learning (ML), the Internet of Things (IoT), predictive & advanced analytics, NLP-based chatbots, and other emerging technologies. It enables insurers to not only address their current challenges but their future goals/vision as well.
 

Digital Transformation Framework

 
Digital-First Transformation

Coforge’s Digital Transformation in insurance adopts a digital-first strategy that aligns with enterprise program values and supporting actors.  These guardrails ensure insurance business alignment, strategic adherence, and appropriate oversight at varying intersecting points throughout the insurance lifecycle. In this digital transformation journey, we collaborate with insurers on technology transformation programs along with the deployment of digital tools that are relevant in insurance. It includes working on the implementation concept to develop strategies that optimize performance, drive efficiency, and enhance quality.
 

Digital Transformation

Benefits of Digital Transformation 

Coforge’s Digital Transformation employs cognitive technologies to offer deeper data insights, improve performance, enhance the user experience, and deliver greater speed and efficiency to meet changing customer needs.
 

Digital Transformation

Coforge’s governing principles

Our approach to manage digital transformation in insurance is based on four key principles: 
•    Clear Operating Model
•    Risk Management
•    Change Management
•     Strong 3-Tier Governance.

Digital Transformation


Coforge’s digital insurance team helps insurers to develop the critical skills and capabilities that are a must from a transformation perspective - addressing today's challenges while building a future-proof infrastructure.
 
Coforge’s digital insurance team helps insurers to develop the critical skills and capabilities that are a must from a transformation perspective - addressing today's challenges while building a future-proof infrastructure.

Get in Touch
Americas+
Americas & Canada
Coforge Inc.

New Jersey

502 Carnegie Center Drive
Suite #301
Princeton, NJ 08540
Ph: 770-290-6113

Europe+
Europe
Coforge UK Ltd.

2nd Floor, 47 Mark Lane,
London - EC3R 7QQ, U.K.
Ph: 770-290-6113
Fax: +44 (0) 20 70020701

Asia+
Asia
Coforge Ltd.

SEZ Developer Unit

Plot No. TZ-2 & 2A, Sector Tech Zone,
Greater Noida, UP 201308, India
Ph: +91 (120) 459 2300
Fax: +91 (120) 459 2301

Rest of the World+
Rest of the World
Coforge Ltd.

SEZ Developer Unit

Plot No. TZ-2 & 2A, Sector Tech Zone,
Greater Noida, UP 201308, India
Ph: +91 (120) 459 2300
Fax: +91 (120) 459 2301

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