Financial Services - Insurance

Insurance Industry Challenges:

The global insurance industry is currently facing an unparalleled set of challenges. Aside from the well-publicized monetary issues, the market has become increasingly competitive, the customer less forgiving and the regulatory environment far more demanding. 

To thrive in this environment, insurers need to be able to efficiently develop products that can quickly satisfy their customers while building longer-term and therefore more profitable customer engagements. They need to optimize both internal and external innovation while seeking operational excellence at all levels with an enhanced level of insight into the performance of their business. 

Moreover, most insurers are struggling to cope with ageing and inflexible system environments which are difficult (and expensive) to integrate across functional silos, and which inhibit the transformation needed to meet these business challenges.

Meeting the Challenge

Arjula Technologies believes that the industry will move towards more open enterprise platforms based upon service-oriented architectures (SOA) with integrated support for insurance operations (sales, underwriting, policy administration, claims administration, etc.), enterprise management (accounting, investments, human resources, procurement, etc.) and analytics (enterprise risk, performance management, actuarial analysis, fraud prediction, etc.).

The Arjula Technologies proposition for insurance is based upon delivering real business benefits by aligning applications and enterprise-level services with a company’s business architecture.

Arjula Technologies Insurance practice blends an unrivalled depth and breadth of specific industry knowledge in the insurance industry together with a rich set of core capabilities in Business Consultancy, Systems Integration and Applications Management. The practice is wholly focused upon the future of the insurance industry across personal and commercial lines, life and annuity, and reinsurance, with a particular focus on the alignment of appropriate Packaged ERP solutions to meet the needs of our clients in those industries.

Why Arjula Technologies

Arjula Technologies has market leading capabilities covering Business Consulting, Implementation Solution Support and Products – some key features of our offering to the market:

  • Experience of 65+ Solution Implementations
  • SAP, Pega & Microsoft Centre of Excellence in India
  • Over 500 Employees worldwide dedicated to EAS
  • SAP Pre-Configured Solution
  • Manufacturing Pre-Configured Solution
  • Architecture and Solution Design Capability

 

 

 

 

 

 

 

Center of Excellence

 

Partners

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