Capgemini’s Insurance Connect is a subscription-based services for claims, policy and billing that helps insurers leverage on-demand, best-in class pre-configured applications across the entire insurance lifecycle to respond to new market opportunities, gain operational efficiencies and focus on essential business activities, improving customer experience and brand differentiation.
High cost of systems to support claims, policy and billing
Building systems and maintaining the infrastructure to support core insurance processes for claims, policy and billing can be expensive. For property and casualty (P&C) carriers, upfront costs and capital investments related to IT can eat into profit margins; however, today’s customers demand faster, more efficient and more responsive services from their carriers.
Customers want anytime, anywhere support
Insurance customers are looking for more customer-centric services from their carrier, and the big players are fast to respond. Some insurers now provide multiple platforms; real-time access for agents, brokers and underwriters; and support for emerging channels like mobile.
Best-in-class IT without the hassle
Capgemini’s Insurance Connect is the right-sized solution for insurers wanting to remain competitive. The solution is hosted by Capgemini in a private cloud environment and pre-configured for specific market segments, including Non-standard Auto, Personal Auto and Homeowners. It combines the power of the tailored, optimized Guidewire InsuranceSuite™ with market leading, end-to-end services from Capgemini including implementation, integration, deployment, maintenance, and hosting.
Features and functionality
Insurance Connect provides an all in one solution for your policy, billing and claims services and lets you:
- Migrate legacy manual systems to a best-in-class architecture with minimal risk, lower cost of entry and increased speed-to-market
- Utilize our library of key interface capabilities to support financials, document generation and management, statistics and reporting, user authentication, and rating.
- Gain pre-configured, optimized out-of-the-box capabilities that are highly leverageable
- Focus on your core business functions and leverage world- class IT processing capabilities
Proven Guidewire partner
A Guidewire partner since 2004, Capgemini is uniquely positioned to offer Insurance Connect due to our deep insurance experience, close relationship with Guidewire and early market position in the solution as a service space. Capgemini is Guidewire’s largest global system integration partner with a dedicated Guidewire practice of approximately 1,000 expert practitioners. We have successfully delivered over 80 Guidewire projects across the globe, including implementations, upgrades, data conversions, integrations and application maintenance services.
Insurance Connect via AWS Cloud
Capgemini Insurance Connect gives insurers a solid business-services foundation on which to build more business-impactful services using digital apps and analytics. Hosted in a private AWS Cloud environment and pre-configured for specific market segments, it combines the power of the tailored, optimized Guidewire InsuranceSuite™ with market leading, end-to-end services from Capgemini including implementation, integration, deployment, maintenance, and hosting. An API library supports enterprise integration.
Insurance Experience and Cloud Expertise
With more than 20 years of insurance industry experience and over 10,000 insurance professionals worldwide, Capgemini has led business transformation engagements throughout the insurance lifecycle, from front office, policy administration, and underwriting to claims. We have successfully delivered nearly 100 Guidewire projects across the globe. An AWS partner since 2008, Capgemini also has over 1000 AWS-trained consultants and architects and has earned the designation of AWS Premier Consulting Partner.
Each year we publish the World Insurance Report, our innovative thought leadership report that gives insights into emerging trends.
On the same topic
Cutting edge cloud implementation
Today, cloud computing is among the top technology priorities for the management of global life and P&C insurance firms. Insurance Connect contains a subscription-based model which is driving cloud computing adoption. Indeed, cloud computing promises many benefits to P&C insurers, including lower total cost of ownership, standardization of systems and processes, higher productivity, and economies of scale.
Read more about the cloud and learn insights from Shane Cassidy, Senior Vice President and Head of North America P&C Insurance, by reading Taking Cues from the Cloud from Insurance Networking News.
See the Insurance Connect Difference
Request a demo of the Insurance Connect platform, onsite or online. Contact us at email@example.com.