Overview
The industry is on the verge of a seismic, tech-driven shift, with new-age AI paradigms providing an opportunity to reshape customer interactions and risk assessment and mitigate claims and fraud. Insurers need to embrace AI that can drive business outcomes forward while staying compliant with regulatory needs.
At LTIMindtree, we are enabling insurers to take a holistic approach to how AI can reshape every aspect of insurance, from distribution to underwriting to claims.
With our AI-aligned strategy, ‘AI for Everyone | AI in Everything | Everything in AI,’ insurers can take a 360-degree approach to embed and scale AI in technology and business operations, empowering every persona across the insurance value chain.
AI For Everyone
Redefine the art of possible for your key personas with our design thinking-led methodology that blends our outside-in ideas with your enterprise expertise to create hyper-personalized capabilities. Our purpose-built insurance solutions, co-created with our partners like Amazon Web Services, Microsoft, Google, Snowflake, DuckCreek, ServiceNow, IBM, and NVIDIA enable insurers to drive growth, efficiency, and innovation. This includes ‘Smart Underwriting’ to accelerate submission intake and assess risks faster, ‘Advisor of the Future’ to build holistic advisor-customer journeys, and Contact Center Accelerators to increase first call resolution by 2X.
AI in Everything
Rethink traditional software development with AI-infused tools, practices, and engagement models. With our Canvas AI platform for insights-fuelled software delivery acceleration, insurers can build a knowledge fabric that correlates end-to-end SDLC assets, delivering AI-powered actionable insights. Achieve up to 40% efficiency and speed across the software lifecycle with our tools for legacy modernization, test case automation, and requirements documentation.
Everything in AI
Reimagine the entire insurance value chain with connected ecosystems to scale AI solutions – beyond just proofs-of-concept and experiments. Provide comprehensive toolsets and frameworks to manage the AI lifecycle, and ensure security guardrails, model ops, and FinOps. Reimagine insurance value chains with agentic AI frameworks – to design, develop, and deploy automated agents that can perform tasks autonomously.
