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Business Consulting

Hexaware partners with its clients to eliminate operational inefficiencies and building solutions to achieve competitive advantages in the business processes of Sales and Marketing, New Business and Underwriting, Policy Administration, Agency and Channel Management as well as Claims processing across all insurance LOB, Life, P&C and Health.

Business consulting coupled with Hexaware offerings in the area of IT services, Infrastructure services and BPO services, allows our clients to avail of the best-of-breed end-to-end solutions helping them optimise their business processes and achieve a reduced TCO for those processes.

Hexaware Business Consulting consists of the following arms:

  • Process Consulting
  • Domain Consulting

Process Consulting

Hexaware business analysts and the Insurance Center of Excellence perform consulting assignments with insurance companies to enable carriers to:

  • Identify the right metrics to measure operational performance
  • Identify opportunities for improvement (process inefficiencies)
  • Institutionalise industry best practices
  • Perform technology surveys
  • Determine & Improve TCO of core business activities

Domain Consulting

Use Hexaware expertise to align yourself with best practices in core insurance business processes such as:

Our insurance COE can help you in the following business domains:

  • Life Insurance – Term, Whole Life, Universal, Variable, Variable-Universal, for Annuities – Deferred, Immediate, Fixed, Variable, Market value adjusted, Equity indexed, for Pension – Traditional IRA, Simple IRA, 401k, UK Pensions,Takaful Insurance
  • P & C Insurance – Auto, Marine, Property, Liability, Workers comp, Pet Insurance
  • Health Insurance – Hospital management system, Long term care