Global L&T Infotech (Mumbai) announced the launch of its insurance Mobile Components (iMC) Suite this week at the 2010 ACORD LOMA Insurance Systems Forum in Las Vegas. Citing the opportunity created for the insurance industry by the prevalent use of smart phones and the advent of next generation mobile devices, L&T Infotech describes iMC as a suite of ready components that can expedite adoption of mobile technologies by as much as 40 percent.
"The insurance industry is yet to exploit the full potential of mobile devices across the value chain [and] we believe there is significant untapped business value," comments Avinash Lele, executive vice president for insurance, L&T Infotech. "iMC, with its rich suite of infrastructure and domain components, will enable insurance companies to leapfrog from early stages of strategy formulation to real-world implementation of mobile solutions."
The iMC components cater to insurance functional areas such as marketing and distribution, risk inspection, claims adjustment, self-service and emergency response, according to an L&T Infotech statement. To fast-track implementation, iMC includes what the vendor calls robust architectural design and test scenarios that address various handsets and platforms, along with consulting and implementation artifacts, including a business case template, a pre-implementation assessment model and a reference implementation roadmap.
L&T Infotech's Telecom Product Engineering Lab is equipped to deliver embedded software as well as mobile applications on a variety of handsets and platforms, such as BlackBerry, iPhone, Android, Symbian, Windows Mobile, J2ME, BREW, and Palm, the vendor statement asserts.
Anthony O'Donnell has covered technology in the insurance industry since 2000, when he joined the editorial staff of Insurance & Technology. As an editor and reporter for I&T and the InformationWeek Financial Services of TechWeb he has written on all areas of information ... View Full Bio