Pannonia Insurance Goes Live wuth TCS BaNCS Insurance

CIG Kozep-Europai Biztosito Zrt. (Budapest), branded as Pannonia Insurance in Hungary, has gone live with TCS BaNCS Insurance from Mumbai-based TCS.

TCS BaNCS Insurance is a solution for the life and pensions business, supporting unit-linked and traditional products, sales channels, and lifecycle functionalities, including customer management, product differentiation, policy servicing, claims management, insurance accounting and other new product innovations.

TCS configured the solution for Pannonia Insurance to suit the entire core Unit-Linked Life Insurance, Claim, Accounting, Customer Portfolio Management, Sales Channel Commission Management, Document manager and Interfacing functionalities. The firm also has implemented the reporting database including Fund Management Reports.

Peggy Bresnick Kendler has been a writer for 30 years. She has worked as an editor, publicist and school district technology coordinator. During the past decade, Bresnick Kendler has worked for UBM TechWeb on special financialservices technology-centered ... View Full Bio