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Insurance Business Process Verification – Integrating Business with Technology

 

Arindam Sarkar — Project Manager, Gaurav Oberoi — Module Lead, and Rimjhim Oberoi —Lead — Compliance project of an Insurance Intermediary, L&T Infotech


 

The Insurance Industry is facing a real challenge these days and that too from various directions. On one hand, the saturation of the insurance market is pushing insurance companies to innovate their traditional products and bring them to the market as soon as possible so as to have a winning edge over competitors. On the other hand, Mergers & Acquisitions have led them into a very complex IT landscape, which is an inevitable situation for almost all insurance companies. Given such a genuinely complex situation, insurance companies are facing a real challenge to integrate Business and IT needs.

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