Vendor Analysis
published on Jan 27, 2017
Report Overview:
This NelsonHall vendor assessment analyzes TCS’ offerings and capabilities in the property and casualty BPS sector. TCS is one of a number of BPS vendors analyzed in this comprehensive industry analysis.
Who is this Report for:
NelsonHall’s Property and casualty BPS profile on TCS is a comprehensive assessment of TCS’ offerings and capabilities designed for:
- Sourcing managers monitoring the capabilities of existing suppliers of Property and casualty BPS services and identifying vendor suitability for Property and casualty BPS RFPs
- Vendor marketing, sales, and business managers looking to benchmark themselves against their peers
- Financial analysts and investors specializing in the support services sector.
Scope of this Report:
The report provides a comprehensive and objective analysis of TCS’ property and casualty BPS offerings and capabilities, and market and financial strengths, including:
- Identification of the company’s strategy, emphasis, and new developments
- Analysis of the company’s strengths, weaknesses, and outlook
- Revenue estimates
- Analysis of the profile of the company’s customer base including the company’s targeting strategy and examples of current contracts
- Analysis of the company’s offerings and key service components
- Analysis of the company’s delivery organization including the location of delivery locations.
Key Findings & Highlights:
Tata Consultancy Services Ltd. (TCS) is a tier 1 BPS player, founded in 1968 and headquartered in Mumbai, India. TCS entered the P&C BPS space in FY 2006, under the entity TCS e-Serve Limited, a subsidiary of TCS, which was later merged with TCS in 2013.
TCS offers property and casualty BPS services in support of the following policy lines:
- Personal: automobile, motorcycle, recreational vehicle, water craft, homeowners, renters, dwelling fire, and condo
- Commercial: general liability, worker’s compensation, inland marine, umbrella coverage, boiler and machinery, business automobile, and business property.
TCS delivers its services through three types of operating models for insurers:
- Traditional BPS
- Consulting
- IT services.