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.
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.