LTIMindtree-Sapiens Partnership to Digitally Transform the Insurance Industry
LTIMindtree and Sapiens Partnered 3 years back to leverage their combined strengths to help insurance companies increase scale, speed to market and customer satisfaction. Past three years of experience in partnering with Sapiens in both product engineering and professional services enables us to manage complex multi-state enhancements, new product rollouts, configuring new forms, rates and forms maintenance and doing production support. In addition, we have extensive Product Engineering/Development, Business Analysis, and Quality Assurance services experience.
LTIMindtree as a leader in Sapiens SI partnership has deep insight into Sapiens product capabilities, offering services such as Discovery, Product Configuration, Integration, Migration and Quality Assurance to more than 10 marquee logos in the US insurance market.
First SI partner to collaborate on product Engineering and modernization for Property and Casualty Suite.
LTIMindtree’s proprietary Automation framework has been adopted by Sapiens to automate their entire PnC Core suite test cases/scenarios.
Proven Sapiens partner having worked for 12+ clients in partnership with Sapiens.
8+ Success core Product Releases working closely with Sapiens R&D Team.
Extensive implementation experience in specialty lines of business for Sapiens Policy pro and Forms pro.
Configured 1500+ policy forms for a NA based Specialty Insurer implementing Sapiens Core suite
Production Support and Maintenance of Sapiens Reinsurance Master platform
Migration of 700+ Policy forms for one of the Leading NA based Insurance broker firm (Conga to Ghost Draft)
Experience in System Integration Testing and User Acceptance Testing across Sapiens PnC core suite (Policy, Billing, Claims and Forms).
We are a Silver Sponsor at 2024 Sapiens Customer Conference event, Booth #XX, Sept 9-11, in Austin, Texas.
Visit us to meet with our Sapiens experts to learn how we are driving innovation through Sapiens product suits, solution offerings, and add-ons that combine Automation, AI/GEN AI, and Experience.
The Excellence in Insurance conference brings together P&C insurers, Life Insurers, Reinsurers, and brokers to connect, discuss, and generate new ideas that will propel insurance Industry forward. Built specifically to be a peer forum for insurance and Reinsurance executives, we will cover topics including product Management, data and analytics, Automation, enhancing customer experiences by leveraging Insurtech partnerships and much more.
LTIMindtree-Sapiens Experience Highlight
8+
Successful
Core product releases in Product engineering
30+
Lines of Business
Deep domain and product experience
50+
Certified Sapiens Specialists.
Sand-Box Environment for Joint Innovation
3000+
Policy Forms Configured across 5 customers
7+
Solution Accelerators
What Makes us Unique
Strong Domain Knowledge
Property and Casualty, Reinsurance, Life and Annuity, Pension
AI/ GEN AI Driven
Early Mover in GEN AI Space
Solution Mindset
Hackathons, Co-innovation with partners and clients
Bolts On
Solutions that can be easily integrated with Core PAS platforms
LTIMindtree offerings for Sapiens product and implementation
New Implementation and State Rollouts
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Design Thinking – Roadmap
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User Journey and Experience design
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New Line of Business Configuration
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Support for Platform version Upgrade
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Integration using LTIMindree Core Connect framework
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Forms Design
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Form Configuration in Ghost Draft
Core Product Engineering
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Core Product changes : functional and technical enhancements
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Enhancing/building new APIs using microservices for digital services and 3rd Part Integrations.
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Containerization of modules to make the platform cloud native. Futuristic Design & architecture Support
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Tech Modernization, Optimization &
Quality Engineering & Automation
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Dedicated Sapiens Product Testing COE.
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GEN AI powered Test Case and Test Data creation.
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LTIMindtree proprietary Platform Automation framework for end to end Automation
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95%+ Test Automation in regression testing
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50%+ automation in in-Sprint testing.
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Forms and Rate Testing
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Performance Testing
Production Support
and Maintenance
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AI Powered Maintenance
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Efficient Operating Model.
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Digital Standard Operating procedure (SOP) creation on the go.
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Continuous improvement to enhance application resiliency
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Efficiency through automation, Shift Left, RCA.
Data Analytics
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LTIMindtree Data migration Framework and toolkit for PnC Customers gives a structured approach to complete the whole migration in a shorter time span and without any loss of data.
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Accelerators designed keeping the dynamic data model of Sapiens in mind.
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Pre-configured KPI Dashboard that can be easily integrated with Sapiens core suite to visualize business sights.
LTIMindtree Extended offerings to Sapiens
Life and Annuity
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Proven track record of partnering with leading Life and Annuity insurers across the globe.
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Collaborating with Sapiens on strategic initiatives.
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Providing Advisory Services, Experience Transformation, Core System Transformation and Business Process Transformation services for Life & Annuities, Pensions, Employee Benefits.
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We have 2000+ FTE working out of 40+ Delivery centers who are servicing 23+ clients across the globe.
Reinsurance
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LTIMindtree is engaged with 3 out of 10 top Global Reinsurers and has a dedicated Reinsurance CoE.
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LTIMindtree provides Consulting, implementation maintenance and business/technical operations services Sapiens Reinsurance Master and other Reinsurance platforms.
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LTIMindtree has 10+ Minds Certified in SRM platform.
Worker’s Comp
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GEN AI based copilots for key persona’s like policy holders, Brokers, Underwriters, Back office operators, Claims adjustors
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“Summarize” and “Ask anything” features for agents and Underwriters to extract information from large, complex documents.
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GEN Ai powered Chatbot solutions for product recommendation, create quick quote and FNOL with minimal inputs
Platform Operations
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Process Consulting
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Channel monitoring
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GenAI based utility to extract content from unstructured communications (Insurance Taxonomy based)
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Task management and status tracking
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Human in Loop review and correction Screens
Meet Us
LTIMindtree is a global technology consulting and digital solutions company that enables enterprises across industries to reimagine business models, accelerate innovation, and maximize growth by harnessing digital technologies. As a digital transformation partner to more than 700 clients, LTIMindtree brings extensive domain and technology expertise to help drive superior competitive differentiation, customer experiences, and business outcomes in a converging world. Powered by 82,000+ talented and entrepreneurial professionals across more than 30 countries, LTIMindtree — a Larsen & Toubro Group company — combines the industry-acclaimed strengths of erstwhile Larsen and Toubro Infotech and Mindtree in solving the most complex business challenges and delivering transformation at scale. For more information, please visit https://www.ltimindtree.com/