The insurance industry is evolving to cater to a more informed, demanding, and connected customer base. Providers need to establish a strong customer orientation, build deep relationships with customers and deliver products to market

more quickly. As insurance becomes a commodity to a growing number of consumers, insurers must quickly adapt to the market. They need to administer policies across lines of business to gain a 360-degree view of the customer base.

SAP Insurance provides simplified claims management, streamlines policy administration, and enhances operations. The world’s best-run insurance companies rely on SAP to help them improve performance and become more customer centric.

Syntel’s Offerings for SAP Insurance

Syntel’s Solution

Syntel offers assessment, design and implementation of end-to-end claims management processes. Syntel’s services ensure seamless integration of policy management, payment transactions, as well as the front-end of mobile apps, external service providers and other systems. Syntel has proven insurance expertise and technical knowledge, and is staffed by skilled consultants that specialize in implementation, maintenance and development of SAP IS insurance modules.

Syntel has proven expertise in SAP IS Insurance and has enabled life and non-life insurers with profitable claims infrastructure. Syntel leverages its SAP partnership to modernize claims systems and integrate them with other financial applications such as collection, disbursement (SAP FSCD) and finance and controlling (SAP FICO).

SYNTEL DIFFERENTIATORS

• Accelerated implementation• Analytics and Big Data

integration• Mobile enablement for insurance• Proprietary insurance legacy

modernization framework • Insurance BI/DW and analytics

tools• IT partner of choice for major

insurers in the U.S. and Europe• 45% of employees are insurance

certified • Extensive experience in life and

non-life insurance products • Ranked by IAOP as a Top 20 for

Insurance Outsourcing Provider

For more information, visit Syntel online at www.syntelinc.comor call us at US/+1 (248) 619-3503, UK/+44 (0) 207-636-3587

© 2014, SYNTEL INC. 052014

Front EndSystems

ExternalSystems

BrokerPortal

CRM / SRM

CustomerPortal

Mobile App

Third PartySystems &Databases

Policy Admin

Incentive &CommissionsManagement

SAP FS-CM(Claims Management

System)

Reinsurance

Calculating Systems SettlingSystem

Business Support Systems

Premiums

Comm.

Claims

Premiums /Comm. / Claims

SAPFSCD(Sub

Ledger)

Batch

Online

FICOInterface

SAP FICO

AccountingManagement

FI-GL

Controlling

CashManagement

Financial AssetManagement

SAP FS-BP (Business Partner)

Analytics – SAP BW (Business Intelligence) + HANA

SAP NetWeaver Platform