National Insurance Company Ltd. (NIC) is a leading public sector insurance company in India, carrying out insurance business in property and casualty lines. NIC administers all the reinsurance operations from a centralized reinsurance department. It faced a significant challenge in consolidating policies qualified for reinsurance from a branch-based policy administration system and in closing the reinsurance book of accounts in a stipulated time. Learn how TCS Financial Solutions deployed the Insurance solution from TCS BaNCS to enable end-to-end reinsurance processing at NIC.


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