Re-imagining Growth in Life and Annuities
Low interest rates and increased awareness among consumers in a dynamic landscape are compelling Life and Annuity (L&A) insurers to re-think their growth and profitability strategies. To respond to changing realities, L&A insurers must innovate with agile product development, online distribution models, and improved Artificial Intelligence (AI) and analytics-driven claims management.
WNS brings extensive experience in L&A, leveraging 2000+ specialists and over 220 actuarial experts, and driving more than 4 million transactions annually. We combine this with deep domain expertise and proven digital transformation capabilities to help insurers re-imagine their operations and drive growth. Our data-to-insights analytical capabilities and solutions underpinned by hyperautomation, AI and Machine Learning (ML), enable insurers to automate underwriting decisions, efficiently support product development, improve sales from digital channels and enhance the claims experience.
WNS is a fully licensed Third-party Administrator (TPA) that offers a pioneering and differentiated “Business Process-as-a-Service (BPaaS)” model. This brings together the latest digital technologies, customized processes, secure infrastructure and global operating model.