NIIT Technologies can assess the capabilities and constraints of the IT infrastructure of an insurer to identify mechanisms that can help raise the RoI from Information Technology spending. We have assessed and enhanced a number of mission critical applications running the policy administration, claims and other core processes of leading insurers, helping them achieve productivity improvements.

Success stories

Reduction in Main Admin engine Processing Time
We have done Performance Assessment and Tuning of Policy administration application for a large insurer to enable shorter processing time of the main admin engine. This resulted in reduction of usage of CPU Time by 19.4 hrs per month thereby saving approximately USD 420,000 per annum for the client.

Reduction in Extract & File Creation Processing Time
We have undertaken Performance Assessment and Tuning of Policy administration for a large global insurer, enabling the company to reduce its processing time for various files and extracts, such as, 'Pricing File', 'Unit Value History File' and ‘Valuation and Reserves'. The performance assessment has resulted in cutting CPU time by 14.5 hours per month and savings of approximately US$ 310,000 per annum for the insurer.