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Code Halos

A Playbook for Managing at the Crossroads

OUR LATEST THINKING

Innovation Beyond The Four Walls

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FEATURED NEWS

December, 04, 2014

Cognizant to Present at the CLSA Americas Innovation Summit

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The Cognizant Difference

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Consulting & Solutions

Our solutions portfolio for insurers includes BPS, emerging technology consulting and systems integration and maintenance.
Life, Annuity & Retirement Business Processing Services
Cognizant's Life, Annuity, & Retirement Business Processing Service (BPS) helps insurers gain a competitive edge by handling routine back-office operations while you focus on revenue-generating activities. As a result, you will not only reduce costs and modernize systems, but better align business and operating models with process optimization. In the U.S., Cognizant is a fully licensed, third-party administrator in all 50 states.
Mobile Risk Engineering Solution
Taking risk engineering mobile to increase effectiveness and transform the customer experience.
Systems Integration & Maintenance for Insurance
We have strategic relationships with leading software companies that specialize in products and platforms specific to the insurance industry, such as agent compensation, claims processing and policy administration. Our team of business and technology experts will modernize your operations and attain best-in-class technology architecture while managing costs. Cognizant’s Platform Conversion Score (PCS) can help you decide when and where to make investments.
GeoLocus: Cognizant's Telematics Platform
GeoLocus helps insurers capture more value from Telematics. GeoLocus is a cost-effective, highly scalable, hosted solution from Cognizant that helps insurers drive stronger ROI from their telematics investments.

OUR LATEST THINKING

Better Life Insurance Risk Assessment by Leveraging Medical Innovations
Insurance companies must adopt medical technology innovations such as evidence-based underwriting, wearable fitness devices, bio-monitors and gene tests to elevate insurance underwriting efficiency and accuracy.
Building a Code Halo Economy for Insurance
By finding meaning in the digital data that accumulates around people, processes, organizations and things, insurers can simultaneously reinvent how they operate and reshape their customers' experience.
Drones: The Insurance Industry's Next Game-Changer?
Drones promise to be the next disruptive technology — poised to dramatically alter how industry sectors, including property and casualty insurers, conduct business. Drones have the potential to streamline and reduce the cost of insurance-related processes, including claims adjustment, risk-engineering, post-catastrophe claims settlements and weeding out fraudulent agricultural claims.
Advanced Manuscript Endorsement Processing
Insurance carriers can accelerate manuscript endorsement processing and other policy document dissemination through some easy reengineering and technology process improvements.
Optimizing Voluntary Strategy via Realigned TPA Engagement and Targeted Investments
For group insurers with voluntary offerings, working with third-party administrators (TPAs) is a double edged sword, one fraught with problems of costs, up- and cross-selling, inadequate data, decoupling challenges and more; IT modernization programs are problematic as well. We offer a framework that enables companies to align their voluntary and TPA strategies.
Developing a Comprehensive Safe‑Driving Program for Teens
Teen driving is a critical concern for families and a top‑of‑mind issue for insurers. Today, using advanced technologies such as telematics, the SMAC (TM) Stack (social, mobile, analytics and cloud), insurers offer all‑inclusive safe‑driving programs that help predict and prevent teen‑related accidents—in real time.
Advice Made Social
To remain relevant to today's customers of insurance and retirement services, producers need to embrace social business practices that empower consumers, provide more personalized and meaningful interactions and result in more fruitful transactions.
The Social Paradigm of Claims Management
Integrating social media and social listening with enterprise applications in the insurance claims management process will allow much unstructured data to be captured and applied, thus streamlining the supporting processes in managing claims.
Google Glass: Insurance's Next Killer App
Google Glass could soon transform how insurers work and engage with customers.
Marketing Analytics: A Smarter Way for Auto and Home Insurers to Gain Competitive Advantage
For personal lines carriers, defensive marketing strategies are no longer enough to win and retain customers. Given the industry's questionable returns from past marketing efforts, insurance companies will have to invest wisely and work smarter to take advantage of today's advanced marketing analytics capabilities.

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