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 3,500+ specialists,
including over 450 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.