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Insurance
Insurance.jpg

With more than a decade of service focused only on the financial services segment and more than 25% of our workforce with a domain background, Thinksoft understands the challenges faced by insurers in providing business assurance on continual basis.  Some key challenges faced by insurers in providing business assurance are:

  • Introducing new products in shortest time to market
  • Complying with stringent regulatory requirements
  • Managing distribution channels and keeping the agency force equipped with right information
  • Meeting new and ever increasing standards of customer service
  • Managing complex IT infrastructure with multiple solutions and its impact on integration

With technology taking a front seat in driving the organization goals, Insurance companies are dealing with these challenges when it comes to maintaining core solutions which constantly evolve as business needs change. Hence business assurance becomes a key factor in this equation.

At Thinksoft, a perfect blend of domain expertise and technical know-how enables us to provide 360 degree service offerings across the entire insurance IT spectrum from requirements consulting to post production support.

Thinksoft lays special emphasis on the integration aspects of insurance business in ensuring quality in core solutions’ integration with Third Party Claims Administrators, Financials (GL, AR and AP), eCommerce Solutions, Payment Gateways, Document Management System, HRMS, Imaging Solutions, Cash Management System, and Investment Management Systems.

Thinksoft has actively been involved in business assurance on key applications like GENUIS, Metfacs2, ECF, BUKS, AetinsISF, PentaTAKAFUL, S4i, S4B, Lifepro Plus, Eclipse and Apollo

Thinksoft also provides specialized services to assist the insurance industry that has been going through remarkable changes with emphasis on Enterprise Risk Management (ERM) and Solvency II in the west and Takaful in the east. 

Case Studies
Casualty Insurance

General Insurance

Global Insurance

Solvency II Offering

19-06-2013
5mn+
Hours of testing in cards & payments
11+
Years of testing in cards & payments
25mn+
Aggregate portfolio of cards migration projects
70k+
Defects detected in cards testing
200k+
Test scripts in cards & payments testing
40+
Clients across Americas, Europe, Middle East and APAC
270+
Cards & payments projects
5+
Years in Testing Stock Exchanges
65k+
Test cases tested across segments of stock exchanges
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