Insurance

The Insurance industry faces fundamental changes on several fronts markets are changing, customer habits are evolving thanks to the availability of data, there is a demand for better service, regulatory uncertainty prevails, the online and mobile environments are playing a critical role in the future of business and competition from non-traditional players is growing. The industry is at the cusp of major transformation, with technology playing a larger role in growth and profitability.

Digital insurance solutions are transforming the industry. To engage customers, facilitate compliance and extract business insights, you need an IT partner with expertise in technology as well as deep insurance domain experience.

The 5Data Advantage

Insurers all over the world use 5Data to improve their competitive edge. We offer services specifically designed for Property & Casualty and Life Insurance sub-markets.

Professional Services – Insurance Consulting

5Data helps leading insurance organizations realize improved business operations by combining strategic innovative thinking with deep industry expertise and a thorough knowledge of technology to deliver effective and successful solutions. We have provided consulting services to leading Fortune 500 insurance companies.

• Business-IT alignment/Assessments
• IT Strategy Consulting
• Legacy Modernization
• Application Portfolio Analysis
• Regulatory Compliance Planning
• Business Process Consulting
• IT Service Management
• Straight-through Process Consulting
• Document and content management
• Solution Framework development
• Program Management Office (PMO) Development
• Project Management Consulting
• Change Management

Our solutions help you

• Stay abreast of the latest consumer trends
• Speed the underwriting process
• Reduce customer churn
• Convert data into actionable business insights