A Solution Delivery Partnership Focused on Insurers’ Business Success

HCLTech embraces technology across value chains, following an award-winning value creation model. The approach is to aggregate unique capabilities in cloud, traditional AI and GenAI, IoT, telematics, and data analytics to develop and deliver integrated platforms and applications for insurers.

OBJECTIVE
Profitability through Rating and Pricing Excellence

To meet their ever-evolving and escalating business needs, P&C insurers require tightly-integrated technology and services solutions. The combination of leading-edge rating and pricing technology and implementation and support teams with strong analytical profiles is required to maximize outcomes for insurers.

CHALLENGE
Finding a Stellar Product/Service Combination

Insurers need to shed their traditional roles and transform themselves to become partners in risk management with their policyholders, creating more tightly-knit “financial safety nets” and an agile and more resilient future. Few product/service combinations can deliver the required transformative boost.

SOLUTION
A Powerful Convergence for Insurers

HCLTech works with leading property and casualty (P&C) insurers in the Commercial, Specialty, and Personal Lines arenas globally, and is focused on implementing Earnix solutions in North America, Central Europe, the UK, and South Africa.
HCLTech uses its expertise to build out applications on the Earnix platform, and to take the lead in data preparation, solution deployment, and ongoing support.

HCLTech brings to bear its deep insurance experience to deliver:
Tight integration with Earnix’s innovative AI and ML
Guidewire product and integration expertise
Business observability for optimum performance
Deep and actionable data understanding
Distribution insights to increase value realization
IMPACT
Turning Heads and Shaping Industry Opinions

In addition to the outstanding reviews and results reported by clients, HCLTech continues to garner accolades from industry observers such as Gartner Group, which has placed the firm in its Leaders (“Magic”) Quadrant for Public Cloud IT Transformation Services for the 4th consecutive year. 

“The Insurance industry continues to adopt technology as a growth driver. Striking the right balance between innovation and efficiency will be key to supercharging progress for our customers with streamlined operations, enhanced customer experience, and accelerated growth. Combined with Earnix Rating and Pricing analytics, HCLTech’s deep domain experience in Insurance and next-gen capabilities are uniquely placed to help our clients in their growth journey.”

Anubhav Mehrotra
SVP, Insurance Head, North America, HCLTech