Techvedic is the partner and expert of choice for P&C and life insurers, brokers and agents across the globe, including 7 of the top 10 global insurers and 200+ clients worldwide.
Our 3,500 insurance professionals deliver end-to-end services and solutions that help insurers become digital organizations across all areas of their business, including people, processes and technology. From building digital roadmaps, to implementing core digital strategies such as data analytics and cyber insurance, to designing and managing core systems transformation, we deliver end-to-end digital capabilities and services.
Our 40 years of insurance experience includes policy, claims and billing system implementations across the globe and the development of innovative solutions such as Techvedic Ratabase, the industry’s leading rating and product configuration software.
We also manage the annual delivery of more than 15 million risk information product transactions and process more than $50 billion in premiums through the systems that we manage for our clients.
Increasing natural disasters, tight regulation, changing demographics, industry consolidation and new entrants are just some of the challenges Techvedic helps P&C insurers address through a combination of business expertise and digital technologies that drive efficiencies, cost savings and revenue.
Demographic shifts, evolving consumer wants, competition from new entrants and ongoing economic uncertainty are challenging life insurers to find new ways of doing business to stay ahead. Techvedic provides a strategic roadmap for transformation along with support throughout its implementation.