Prata IT Solutions enable leading global insurers with business transformation, customer experience and operational efficiency needs. Our full services portfolio and unmatched track record make us a trusted advisor and partner of choice for the industry.
Insurers continue to face a challenging environment on the account of rising operating costs, significant losses from catastrophic events, reduced demand, decreased growth in developed markets and low investment yields. The situation is compounded by the rapidly changing customer buying behavior and ever-widening regulatory landscape.
Global insurers are making technology investments to reduce costs and improve customer retention – multi-channel integration, mobility, enterprise risk management, data analytics and business intelligence, social media, fraud detection, legacy modernization and cloud computing.
The impact of a decade of mergers means insurers are more focused on increasing operational efficiency by investing in legacy modernization and innovation initiatives to transform their policy and claims administration systems.
With over three decades of experience enabling insurers globally and a full portfolio of service offerings, Prata is the transformation and innovation partner of choice, supporting the entire insurance value chain.
Prata’ insurance capabilities offer agile and innovative solutions to respond effectively to competition in new channels. We help you build a true digital enterprise through various phases, enabling improved consumer acquisition and increased sales.
Our services include end-to-end solutions for the following lines of businesses:
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