Participants in the insurance industry strive to meet the diverse and constantly changing demands of global customers while complying with an evolving regulatory environment. This requires an extensive portfolio of applications; and insurance enterprises look to the IT function to support their needs while operating more efficiently than before. Here is how Mindtree helped.
Infographic - How Professional Services Automation Can Transform Your CompanyChangepoint
Today's technology service companies are under immense pressure to improve margins and increase revenues to be competitive and profitable. But how do they empower that change? Changepoint is the solution.
Member Experience Management Solution Framework by HCLHCL Technologies
The healthcare payer industry is in transition. Payers must deal not only with the rising costs of delivering care to their members but also with figuring out how to serve an influx of new members while keeping administrative costs below the appropriate medical loss ratio (MLR) thresholds. To succeed, payers must adopt a customer-centric approach, to deliver a consistent and differentiated experience to their existing and prospective customers across all channels of interaction.
HCL has created a comprehensive analytics driven framework to help health plans offer a differentiated experience to their existing and prospective customer base. The componentized solution which is available on the cloud will help a plan to quickly scale up to address the demand on their IT technology and infrastructure while providing the flexibility to choose the modules that can complement their existing systems.
Gain scalability with HCL’s flexible, adaptable and agile enterprise IT, Infrastructure & BPO combined “Campaign as a Service” program services for members. To know more, please visit: http://microsite.hcltech.com/gainwithchange/40-million-new-members.asp
CenturyLink brings answers to our customer's SD-WAN transformation
We install 900+ networks every day around the world and know that every business is unique
With our proven expertise in managing WANs and SD-WANs, we can help companies design, implement, maintain and tune their networks to support the demands of digital business.
We provide complete solutions with managed services to accelerate network transformation.
We help organizations migrate at their pace and optimize network performance site-by-site.
EXL- Insurance transformation through Digital BlueprintAshish Kumar
EXL have developed the Digital BluePRINT which identifies all transformational opportunities across the whole value chain. The EXLerator framework focuses on areas which are critical to achieving the clients’ business goals, whilst creating value, improving process efficiency and reducing operational costs for their customers.’
Infographic - How Professional Services Automation Can Transform Your CompanyChangepoint
Today's technology service companies are under immense pressure to improve margins and increase revenues to be competitive and profitable. But how do they empower that change? Changepoint is the solution.
Member Experience Management Solution Framework by HCLHCL Technologies
The healthcare payer industry is in transition. Payers must deal not only with the rising costs of delivering care to their members but also with figuring out how to serve an influx of new members while keeping administrative costs below the appropriate medical loss ratio (MLR) thresholds. To succeed, payers must adopt a customer-centric approach, to deliver a consistent and differentiated experience to their existing and prospective customers across all channels of interaction.
HCL has created a comprehensive analytics driven framework to help health plans offer a differentiated experience to their existing and prospective customer base. The componentized solution which is available on the cloud will help a plan to quickly scale up to address the demand on their IT technology and infrastructure while providing the flexibility to choose the modules that can complement their existing systems.
Gain scalability with HCL’s flexible, adaptable and agile enterprise IT, Infrastructure & BPO combined “Campaign as a Service” program services for members. To know more, please visit: http://microsite.hcltech.com/gainwithchange/40-million-new-members.asp
CenturyLink brings answers to our customer's SD-WAN transformation
We install 900+ networks every day around the world and know that every business is unique
With our proven expertise in managing WANs and SD-WANs, we can help companies design, implement, maintain and tune their networks to support the demands of digital business.
We provide complete solutions with managed services to accelerate network transformation.
We help organizations migrate at their pace and optimize network performance site-by-site.
EXL- Insurance transformation through Digital BlueprintAshish Kumar
EXL have developed the Digital BluePRINT which identifies all transformational opportunities across the whole value chain. The EXLerator framework focuses on areas which are critical to achieving the clients’ business goals, whilst creating value, improving process efficiency and reducing operational costs for their customers.’
Stephen Mann Webinar: Is it time to change your ITSM tool?Axios Systems
Industry expert Stephen Mann discusses the key stages of assessing the suitability of your current ITSM toolset and whether it is able to meet the increasing demands of the business effectively. https://hubs.ly/H0fJpxM0
Converting Cost to Growth -- Strategic Cost Reduction in Bankingaccenture
Banks want to reclaim profitability. Digital disruption, changing consumer behaviors, and new digital entrants are introducing diverse competition. Banks are faced with three
cost-related challenges. http://bit.ly/1sPHfm2
The New World of As a Service - Infographicaccenture
The market is moving toward an As-a-Service delivery model that provides plug-in, scalable, consumption-based business services that deliver the business outcomes that every organization demands—increased revenue or decreased costs.
Managing Risk in a digital world: successfully enabling the quest for new rev...accenture
For the 4th consecutive year Accenture was a co-sponsor at the 21st Annual RiskMinds International conference in December 2014. Steve Culp, senior managing director, Accenture Finance& Risk Services, presented to more than 500 Chief Risk Officers in the plenary session on Managing Risk in a digital world: successfully enabling the quest for new revenue.
The challenges facing today’s compliance function are more varied and, in some cases, more severe than they were in the past. Accenture’s road map outlines not only the top challenges facing compliance officers, but illustrates what help is available for the compliance function. Visit http://bit.ly/1URw335 for latest thinking and more.
As an organization grows, important functions are often constrained within a framework that may have worked well at one time, but can no longer support expanded needs and activities. For this client, an industry leader in healthcare and life sciences, vendor management had long been administered through its corporate procurement function, but senior management recognized the need for change. In this case study, WGroup’s work resulted in a deal that better served the client’s business requirements in terms of quality, location and service, and at the same time saved the Health care payer about 11%.
Navigating the Crude Cycle: 4 lines of attack for US E&P energy companies to ...accenture
Read how US oil and gas independents can reduce their cost base while maintaining or improving asset reliability, integrity, and safety to navigate the crude oil cycle.
Considerations for an Effective Internal Model Method Implementationaccenture
In this Accenture Finance & Risk presentation we discuss an approach banks can use to develop, manage, and monitor a robust and effective Internal Model Method program. Learn more about the Accenture Finance & Risk Practice: bit.ly/2j2JD6X
Leveraging Self-Service Applications to Improve EfficienciesLBi Software
This session will discuss the advantages of pairing self-service portals with critical employee functionality in online benefit enrollment and time and attendance tracking that effectively reduces costs and improves the data quality in HCM solutions. We will discuss and highlight the potential ROI, areas for cost savings and demonstrate the ease of use and integration to packaged HR solutions and legacy systems.
At the 2013 ISG Sourcing Industry Conference in the Americas, Esteban Herrera spoke about governance as a means to client satisfaction and improved margins.
Most businesses choose to outsource IT operations to reduce costs, but is outsourcing IT truly the best decision? In actuality, businesses that follow this path increasingly report little to no cost savings, and 70 percent of them say that they have lost opportunities to innovate. It’s no surprise, then, that businesses now are looking to selective out-tasking, which is expected to deliver billions of dollars in savings over the next few years. Where do these savings come from? What are the real draws of out-tasking? View the infographic for more information.
[ON-DEMAND RECORDING] Deep Impact: Is Your Manufacturing Company On A Collisi...Rea & Associates
CMMC (Cybersecurity Maturity Model Certification) brings together a standard for the implementation of cybersecurity for those companies doing or wanting to do business with the Department of Defense (DoD). The framework includes comprehensive, and scalable certification elements to verify your implementation of process and practices associated with the cybersecurity maturity level your organization needs to achieve to win proposals. This on-demand webinar presentation featuring Andrew Geiser, a senior manager on Rea & Associates' manufacturing and distribution team, and Ty Whittenburg, a senior information systems analyst on the firm's cybersecurity and data protection, will explain how will CMMC impact manufacturing companies. The duo will also go through the various levels associated with CMMC and explain how to know which CMMC level you need based on your company's business model.
This presentation is co-sponsored by Rea & Associates and the Southeast Ohio MEP and is designed to provide insight on CMMC standards for your Manufacturing organization.
During this free webinar, you will hear how CMMC compliance aligns with NIST 800-171, NIST 800-53, and whether your organization need to comply with specific CMMC levels, including CMMC level 3.
For more information, contact Andrew or Ty directly or visit https:www.reacpa.com for more.
#CMMC #DepartmentOfDefense #cybersecurity
Rapid automation and cost avoidance for a large North American property and c...Mindtree Ltd.
Mindtree implemented a hybrid cloud-based solution for group insurance policy administration and enrollment for a leading property and casualty insurer in the United States.
IT Application Outsourcing (AO) in Insurance - Service Provider Profile Compe...Everest Group
The BFSI industry continues to be the largest adopter of the IT Application Outsourcing (AO) services. However, the industry dynamics have changed significantly over the last 12 to 24 months. BFSI buyers are facing increasing pressure to drive top-line growth, manage complexity arising out of wide-scale regulatory reforms, and improve profitability by driving greater cost efficiencies.
Stephen Mann Webinar: Is it time to change your ITSM tool?Axios Systems
Industry expert Stephen Mann discusses the key stages of assessing the suitability of your current ITSM toolset and whether it is able to meet the increasing demands of the business effectively. https://hubs.ly/H0fJpxM0
Converting Cost to Growth -- Strategic Cost Reduction in Bankingaccenture
Banks want to reclaim profitability. Digital disruption, changing consumer behaviors, and new digital entrants are introducing diverse competition. Banks are faced with three
cost-related challenges. http://bit.ly/1sPHfm2
The New World of As a Service - Infographicaccenture
The market is moving toward an As-a-Service delivery model that provides plug-in, scalable, consumption-based business services that deliver the business outcomes that every organization demands—increased revenue or decreased costs.
Managing Risk in a digital world: successfully enabling the quest for new rev...accenture
For the 4th consecutive year Accenture was a co-sponsor at the 21st Annual RiskMinds International conference in December 2014. Steve Culp, senior managing director, Accenture Finance& Risk Services, presented to more than 500 Chief Risk Officers in the plenary session on Managing Risk in a digital world: successfully enabling the quest for new revenue.
The challenges facing today’s compliance function are more varied and, in some cases, more severe than they were in the past. Accenture’s road map outlines not only the top challenges facing compliance officers, but illustrates what help is available for the compliance function. Visit http://bit.ly/1URw335 for latest thinking and more.
As an organization grows, important functions are often constrained within a framework that may have worked well at one time, but can no longer support expanded needs and activities. For this client, an industry leader in healthcare and life sciences, vendor management had long been administered through its corporate procurement function, but senior management recognized the need for change. In this case study, WGroup’s work resulted in a deal that better served the client’s business requirements in terms of quality, location and service, and at the same time saved the Health care payer about 11%.
Navigating the Crude Cycle: 4 lines of attack for US E&P energy companies to ...accenture
Read how US oil and gas independents can reduce their cost base while maintaining or improving asset reliability, integrity, and safety to navigate the crude oil cycle.
Considerations for an Effective Internal Model Method Implementationaccenture
In this Accenture Finance & Risk presentation we discuss an approach banks can use to develop, manage, and monitor a robust and effective Internal Model Method program. Learn more about the Accenture Finance & Risk Practice: bit.ly/2j2JD6X
Leveraging Self-Service Applications to Improve EfficienciesLBi Software
This session will discuss the advantages of pairing self-service portals with critical employee functionality in online benefit enrollment and time and attendance tracking that effectively reduces costs and improves the data quality in HCM solutions. We will discuss and highlight the potential ROI, areas for cost savings and demonstrate the ease of use and integration to packaged HR solutions and legacy systems.
At the 2013 ISG Sourcing Industry Conference in the Americas, Esteban Herrera spoke about governance as a means to client satisfaction and improved margins.
Most businesses choose to outsource IT operations to reduce costs, but is outsourcing IT truly the best decision? In actuality, businesses that follow this path increasingly report little to no cost savings, and 70 percent of them say that they have lost opportunities to innovate. It’s no surprise, then, that businesses now are looking to selective out-tasking, which is expected to deliver billions of dollars in savings over the next few years. Where do these savings come from? What are the real draws of out-tasking? View the infographic for more information.
[ON-DEMAND RECORDING] Deep Impact: Is Your Manufacturing Company On A Collisi...Rea & Associates
CMMC (Cybersecurity Maturity Model Certification) brings together a standard for the implementation of cybersecurity for those companies doing or wanting to do business with the Department of Defense (DoD). The framework includes comprehensive, and scalable certification elements to verify your implementation of process and practices associated with the cybersecurity maturity level your organization needs to achieve to win proposals. This on-demand webinar presentation featuring Andrew Geiser, a senior manager on Rea & Associates' manufacturing and distribution team, and Ty Whittenburg, a senior information systems analyst on the firm's cybersecurity and data protection, will explain how will CMMC impact manufacturing companies. The duo will also go through the various levels associated with CMMC and explain how to know which CMMC level you need based on your company's business model.
This presentation is co-sponsored by Rea & Associates and the Southeast Ohio MEP and is designed to provide insight on CMMC standards for your Manufacturing organization.
During this free webinar, you will hear how CMMC compliance aligns with NIST 800-171, NIST 800-53, and whether your organization need to comply with specific CMMC levels, including CMMC level 3.
For more information, contact Andrew or Ty directly or visit https:www.reacpa.com for more.
#CMMC #DepartmentOfDefense #cybersecurity
Rapid automation and cost avoidance for a large North American property and c...Mindtree Ltd.
Mindtree implemented a hybrid cloud-based solution for group insurance policy administration and enrollment for a leading property and casualty insurer in the United States.
IT Application Outsourcing (AO) in Insurance - Service Provider Profile Compe...Everest Group
The BFSI industry continues to be the largest adopter of the IT Application Outsourcing (AO) services. However, the industry dynamics have changed significantly over the last 12 to 24 months. BFSI buyers are facing increasing pressure to drive top-line growth, manage complexity arising out of wide-scale regulatory reforms, and improve profitability by driving greater cost efficiencies.
Infosys largely reported inline set of sales numbers. We retain our BUY view on the stock with a target price of target price of Rs 3910 as well as neutral view on the stock of Indusind bank. Also private Bank result preview 3QFY14 in this Pdf.
Transformed IT function through managed services for a leading private equity...Mindtree Ltd.
Effective IT operations are critical to enterprises in the private equity industry. Suboptimal technology can lead to higher costs, reporting and compliance challenges, and poor execution of business strategy. Here is how Mindtree helped.
MindK offers web and mobile app development, quality assurance, and DevOps services. Over the past decade, MindK has developed over 120 complex B2B and B2C solutions in the e-commerce, financial services, and construction sectors. Our coordinated teams include project managers, developers, designers, DevOps, and QA engineers. At MindK, our goal is to help clients accelerate growth and innovation, boost operational efficiency and improve profitability and customer satisfaction.
Our passion for technology and years of experience in the IT industry is reflected in the professionalism of our team, enabling us to deliver predictable results that exceed expectation, accelerating our clients’ time to market and ensuring sustainable growth.
We are proud that:
Our average client relationship is 5 years
96% of our clients' projects have met deadlines
84% of our clients continue working with us on this very day and come back with new projects.
MindK footprint spreads globally and covers the following regions: USA, UK, EU, Norway, Australia, and Israel.
In this session we explored innovation as a key driver in efficiently delivering business process operations and effectively meeting the business objectives and goals. Shyam Kerkar, AVP, TCS
Unified platform enabling enterprise policy administration for a leading gene...Mindtree Ltd.
The global insurance industry relies on robust applications to effectively administer policies in a complex business and regulatory environment. Inefficient applications hinder an organization's competitiveness while being a burden on resources. Here is how Mindtree helped.
Route-to-market transformation for a leading consumer goods enterprise throug...Mindtree Ltd.
Global consumer goods enterprises rely on robust distribution management systems to support business innovation; and ultimately to reach the right customers with the right brands and the right promotions. Here is how Mindtree helped.
IAOP OWS 17 Leveraging Outsourcing to Modernize While Maintaining ApplicationsWGroup
Anthem’s New AMS Approach Proves You Don’t Need to Pick One or the Other:
Learn how a new approach to AMS sourcing can enable the modernization of core IT systems and maintenance of applications in parallel. See Anthem’s playbook and methodology for this innovative sourcing delivery model.
Learn how to stratify which suppliers can truly help you transform core systems, and which ones that may only be able to handle tasks. See the evaluation criteria that Anthem leveraged in assessing its suppliers for transformational work.
Understand the potential for running modernization and maintenance in an integrated effort, as opposed to separate initiatives.
What are the best digital transformation tools for your business?learntransformation0
These tools, whether they be cloud computing services, data analytics platforms, or collaboration tools, serve as the cornerstone upon which the basis of an organisation that has undergone a digital transformation is created.
Modernizing the Insurance Value Chain: Top Three Digital ImperativesCognizant
As nontraditional companies enter the insurance scene and insurtechs launch novel products, incumbents need to accelerate innovation and differentiate the customer journey to remain in the game. Here are three strategies to achieve these goals, with a brief look at a few companies well on their way.
Who we are and what we can do for your company.
We believe that prosperity must include company and workers.
We face every challenge with the right thinking and tool: Lean Six Sigma, simulation, design of experiments, change management, training.
The Power and Promise of SaaS: CA Cloud Service Management Case StudyCA Technologies
As we move to the application economy, companies are increasingly reviewing their portfolio of solutions to help ensure that they are deriving the promised efficiencies and value.
This presentation provides an informative look at how one company is leveraging cloud-based solutions to improve the overall effectiveness of their IT service management operations.
For more information on Management Cloud solutions from CA Technologies, please visit: http://bit.ly/1wEnPhz
Superior customer service with robust risk management through reengineered da...Mindtree Ltd.
Mindtree helped a leader in global payments leverage customer data spread across disparate systems to improve the service extended to high-spending customers while enhancing risk management.
Designing a syndicated loans deal management system.Mindtree Ltd.
A syndicated loan is provided by a group of lenders. It is structured, arranged and administered by one or many commercial banks / investment banks, known as arrangers or book runners.
Managed support cost and enhanced performance for the world's largest gaming ...Mindtree Ltd.
Mindtree collaborated with the customer to develop a new application, keeping in mind present and future requirements such as distributed scenarios, offline capabilities, cloud deployment and seamless integration with line-of-business applications.
Online platform for a leading American consumer electronic enterprise.Mindtree Ltd.
Mindtree’s expertise in independent testing and understanding of the customer’s product helped in accelerating the deployment of their online shopping application.
Crafting an intuitive and efficient marketing portal to enhance product manag...Mindtree Ltd.
A German sports clothing and accessories major wanted to organize, streamline and simplify its product management capabilities. Mindtree helped the customer design an application which brings structure and discipline to the product management activities.
Enhancing Web Content Management System (WCMS) and service.Mindtree Ltd.
Mindtree enabled a the leading UK-based hospitality vendor to improve their web content management and enhance their service. We helped them to make an informed choice about the solution and implement the same.
Improving employee and broker productivity with portal technologies.Mindtree Ltd.
Mindtree helped a customer implement an enterprise portal platform that would handle data, content and the information needs of their brokers, underwriters, sales / marketing people and policy holders.
SITEsMART - Connecting with the on-the-move consumer.Mindtree Ltd.
Mindtree's SITEsMART offers advanced mobility solutions ranging from consulting & architecture design, to mobile app / mobile web development, and services such as mobile app testing & mobile app management.
Mindtree's SAP Business Intelligence (BI), Business Objects (BO), HANA services offers consulting services to help customers deploy its business intelligence projects. Our SAP practice has helped global customers implement large scale, complex, enterprise wide SAP analytical applications.
Greater IT efficiency through lean application development and maintenance for a leading insurance provider.
1. Greater IT efficiency through lean application
development and maintenance for a leading
insurance provider.
Participants in the insurance industry strive to meet the diverse and
constantly changing demands of global customers while complying with an
evolving regulatory environment. This requires an extensive portfolio of
applications; and insurance enterprises look to the IT function to support
their needs while operating more efficiently than before.
Here is how Mindtree helped an insurance enterprise serving customers in
more than 130 countries leverage lean application development and
maintenance (ADM) practices to achieve efficiency gains. Lean ADM is
anchored by three principles: eliminating non-value-adding activities;
eliminating overloads and eliminating imbalances.
The challenge
The customer was looking to drive down IT cost by 10% across the board.
This ambitious target necessitated streamlining their ADM processes
through lean IT practices. They engaged Mindtree to conduct a lean fitment
study across a select group of applications and determine the best course
of action.
Our solution
To conduct value stream mapping and identify non-value-adding activities
Mindtree instituted a comprehensive study of traditional ADM services.
This covered services performed, effort involved and skill mapping. The
overarching aim was to minimize the time spent by domain experts on
unproductive activities; and to enhance service quality.
For instance, the number of context switches that happen during the
support process were recorded. We found that 5-10% of effort could
be saved with efficient context switches. This activity helped Lean IT
experts form Mindtree identify eight application portfolios
for restructuring.
Business impact
Reduced client bandwidth required
to manage applications by 20%
Improved the utilization of AMS
support resources by allocating
them to new initiatives
Increased recorded work by 40%
and efficiency by 10% through
better work flow management
Delivered benefits of over USD 1.5
million over a period of one year