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  • What we do
    CAPABILITIES
    iRun
    • Application Management Services  
    • Cognitive Infrastructure Services
    • Cybersecurity
    iTransform
    • AI-led Engineering
    • Data and Analytics
    • Enterprise Applications
    • Interactive
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  1. LTIMindtree is now LTM | It’s time to Outcreate
  2. Industries we serve
  3. Insurance Consulting Services | Digital Transformation for Insurance
  4. Data & Analytics

Data & Analytics

Commercial Banking
  1. Slide 1

Overview

At LTM’s Insurance Data & Analytics Practice, our team combines deep insurance domain expertise with modern stack technologies to modernize data platforms, processes, and infrastructure.

overview
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We help insurers modernize data platforms, processes, and infrastructure to enable the shift to the cloud, leverage data more effectively to assess risk, predict losses, improve underwriting efficiencies, and understand customers better. Our suite of accelerators adopts a mindful automation-first approach, ensuring swift, cost-effective cloud modernization with an outcome-driven methodology.

Governance and trust are essential aspects of a modern data platform, crucial for insurers to ensure data is complete, accurate, and reliable for informed decision-making. LTM’s Trust Framework goes beyond technical solutions and emphasizes the need for data platforms to be dependable, offering transparency and traceability, safeguarding against unauthorized access, and delivering personalized experiences to internal users.

Our Insurance Analytics solutions enhance outcomes by integrating advanced analytics into claims and underwriting workflows, enabling smarter and faster decision-making. We deploy Data Marketplace and Augmented Analytics solutions to drive data democratization. Additionally, our MLOps solution accelerates AI production deployments by seamlessly scaling, managing, and governing AI and ML models in the cloud.

Migrating legacy insurance operations systems to COTS products involves crucial data conversion to match the target platform’s formats. This process presents unique challenges and demands a precise approach to mitigate risks and ensure timely migration. Our proven framework, best practices, and experienced team help define the migration strategy to accelerate this conversion, helping insurers transition data from legacy systems to their new platforms within budget and on schedule.

We have extensive experience in implementing analytics platforms that come with leading insurance products such as Guidewire, Duck Creek, and Insurity. We specialize in customizing and implementing these platforms to enhance data insights and drive actionable business decisions.

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It’s time to Outcreate

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