NGIN – Delivering accelerated growth & efficiency
Overview
Global life insurance giants are vying for supremacy in the industry. Facing a long-term low interest regime, competition from new entrants, and continued reliance on multiple platforms, life insurance companies are looking for solutions that empower and drive new business growth and efficiencies. For most carriers, existing platforms are an impediment to rapid market entry with new products and improving operational efficiencies at scale. The industry needs a hyper-efficient, technology platform for new business growth and increased profitability through innovation in operations.
Infosys® McCamish NGIN is an industry-leading platform for policy administration for the global life insurance and annuity industry. Aimed at improved operational efficiency and reduced time to market, this cloud-native platform is purpose built with distinct design principles that will help your business to transform and accelerate profitable growth. This is the go-to platform for customers, distribution and business operations, with a comprehensive set of functionalities across the entire spectrum of life and annuity product lines.
Insights
Why NGIN?
NGIN helps you Design and launch new products rapidly through its product configurator with modern user experience. It’s a futuristic platform with a state-of-the-art architecture – scalable, secure and extensible. NGIN has a simplified PAS ecosystem: Pre-integrated modules and seamless integration with your existing digital investments.
- NGIN is nimble and responsive across insurance processes and empowers you to launch new products and variations at unprecedented speed
- The API-first approach enables ease of integration
- Configurable business processes at product line level
- All transactions can be configured for straight-through processing, eliminating calls and increasing service efficiencies
- Guided, persona-driven transaction processing results in faster onboarding and more efficient operations
- End-to-end observability of business transactions so you never lose track of the context
- The platform is offered in flexible deployment models — license, SaaS, on-premise/cloud, or full TPA
- Cloud-native platform with an evolutionary and extensible design and scalable architecture promotes configuration rather than customizations
- The core of the platform is geo- and tax regime-independent, and can be rapidly extended to meet regional and client-specific needs
- Option to use our entire digital ecosystem, or integrate with your existing assets
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