Gain real-time insights into sales, operations, accounting, and revenue across multiple market segments
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Overview
As a trusted advisor, brokers have helped insureds navigate through the evolving risk landscape since their inception. Leading brokers are revolutionizing business models and service delivery with technology advancements enabling automation, more customer-centric operations, and significant data and insights. To flourish in this competitive environment, insurance brokers must embrace the latest technology while staying connected to their human instincts.
LTM is a leader in the non-carrier ecosystem, partnering with global insurance brokers to modernize the core, devise next-generation immersive customer experiences, re-engineer and automate business processes, and support mergers and acquisitions. LTM leverages its brokerage domain and technology expertise to enable these these digitalization & AI journeys successfully.
Non-Carrier Ecosystem Landscape
The purchase of insurance usually involves multiple parties including policyholders, retail agents, wholesale agents, brokers, technology companies with agency licenses, and insurers. Large brokers often provide claims management services, program design, loss mitigation consulting, and other specialized services such as access to alternative risk transfer solutions and advice on establishing captives or risk retention groups.
Leading insurance brokers are using digital, data, and cloud technologies to develop new and innovative products and ideas differentiating themselves from the competition and dominating the marketplace. LTM’s expertise and brokerage domain knowledge are central to serving large-scale IT portfolios, redefining value streams, and enabling digital strategies for insurance brokers.
Our Experience
Leverage GenAI to automate risk assessment, underwriting, claims processing, fraud prevention, risk management, and much more
Leverage leading-edge technologies to automate processes and data insights to seamlessly arrange the best coverage for your customers.
Streamline the value chain by strengthening the core through creativity and innovation
Implement innovative claims management systems, data analytics, and automation tools to drive operational excellence and customer satisfaction
Reimagine processes and user journeys to transform customer experience leading to desired hyper personalization.
Extract the right information at the right time to monitor team performance, improve communications, and make informed decisions
Implement an application strategy that rationalizes legacy IT portfolios and keeps pace with the rapidly evolving technology landscape
Reduce transformation timeline and minimize short and long term integration costs with our customized offerings
Accelerators
Automate benefit plan capture, enable simultaneous quote processing by multiple carriers, compare quotes, and gain a 360 degree visibility into the RFQ process
Deliver differentiated advisory and risk management services using advanced data analytics
Resources
AI-Powered 'PolicyGenius': Delivering Real-Time Insights and Actionable Intelligence for Brokers
More Details
AMBA – Navigating the Future – LTIMindtree and AMBA’s Collaborative Symphony
AMBA – Navigating the Future – LTIMindtree and AMBA’s Collaborative Symphony
LTIMindtree played a pivotal role in evaluating risks and ensuring a successful migration within budget and schedule. Post-acquisition, AMBA flourished, serving over 450 affinity groups with an expanded product portfolio.
Client Testimonial
Client Testimonial
LTIMindtree is a key strategic partner for us at AssuredPartners, assisting us to modernize our data collections and analytics strategy across the organization. With a focus on data acquisition, data build and data governance, the LTIMindtree team with their deep brokerage domain expertise has accelerated our build out to deliver data driven insights to our customers throughout the organization.
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Our Industry Leaders
Mr. Nitin Jain
VP, Head – Insurance Broker Practice
Mr. Ajit Borwankar
AVP & Global Delivery Partner – Insurance Brokers
Mr. Jayant Chopde
Principal Architect, Insurance Broker Portfolio
Mrs. Suruchi Dogra
Workforce Transformation Champion
Mr. Uday Kumbhare
Domain Lead, Insurance Broker Portfolio
Mrs. Shivanee Kelkar
HR Business Partner
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