The majority of insurance organizations embarking on the MDM journey decide to start with the data domain most crucial to their commercial success: customer data. Accordingly, Cognizant’s first MDM-in-a-Box™ for Insurance module is focused on this data domain.

Property & Casualty Insurers as well as Life Insurers, regardless if they underwrite policyholders directly or use brokers as intermediaries, lack high-quality risk assessment data and insight into their customers’ interactions across multiple divisions, resulting in missed revenue opportunities, poor customer service and inflexible compliance reporting.