cxo voice
  • Home
  • Technology
    • AI
    • Cloud
    • Telecom
    • Data Center
    • BPM
    • Blockchain
  • Finance
    • Banking
  • Cyber Security
  • View Points
  • Leaders Talk
  • News
  • Press Release
    • Submit Press Release
No Result
View All Result
  • Home
  • Technology
    • AI
    • Cloud
    • Telecom
    • Data Center
    • BPM
    • Blockchain
  • Finance
    • Banking
  • Cyber Security
  • View Points
  • Leaders Talk
  • News
  • Press Release
    • Submit Press Release
No Result
View All Result
Leaders Talk and Latest Tech News | CXO VOICE
No Result
View All Result
Home News Finance

Bahrain’s SNIC Insurance selects TCS BaNCS for growth and competitive advantage

TCS, announced that Bahrain-based SNIC Insurance has selected TCS BaNCS for Insurance to support its ambitious digital transformation strategy

Ranjeet Roy by Ranjeet Roy
August 12, 2018
Bahrain’s SNIC Insurance selects TCS BaNCS for growth and competitive advantage

 Tata Consultancy Services, consulting and business solutions organization, announced that Bahrain-based SNIC Insurance (formerly known as Saudi National Insurance Company) has selected TCS BaNCS for Insurance to support its ambitious digital transformation strategy in order to establish a unique leadership position in the market.

TCS BaNCS will power SNIC’s strategy and enable competitive advantage by supporting General and Medical Insurance, Financials and Business Intelligence. By leveraging this core platform, the company will be able to harmonize several existing product lines as well as roll out new products faster. As part of this mission-critical transformation, SNIC Insurance plans to replace the existing core Policy Administration System (PAS) with a new comprehensive solution that can not only support existing operations but also power future growth aspirations.

Outlining the vision and rationale for this platform replacement, Khalid Al Shaikh, General Manager of SNIC, said, “Our mantra is to go the second mile in customer service – to go beyond their demands – and deliver a truly great experience. We want to stand out in the crowded marketplace with an agile platform that allows us high-velocity responsiveness as well as the ability to anticipate change. The only way we can distinguish ourselves and grow our franchise is through unparalleled customer experience, quick product delivery and innovation. We have selected TCS BaNCS for Insurance as it is an out-of-the-box solution that meets all our needs and enables us to differentiate ourselves in the market.”

“We are excited to participate in this key transformation in Bahrain which powers SNIC to the next level of growth. Our implementation of TCS BaNCS will not only cater to their present requirements, but also their future needs across their General and Life insurance business lines on a single platform with a unified customer experience,” said Venkateshwaran Srinivasan, Head, TCS Financial Solutions. ”TCS BaNCS, with its superior architecture and comprehensive functionality, has become the preferred core platform for forward-thinking insurance companies looking to build competitive differentiation through greater agility, product innovation and outstanding customer experience.”

ADVERTISEMENT
Ranjeet Roy

Ranjeet Roy

Professor, Writer, Business Consultant. Ranjeet will love to answer your queries at "[email protected]"

Related Posts

BlueVerse™ with OGI
Technology

LTIMindtree Launches BlueVerse with OGI to Bring AI-Powered Automation to IT Service Management

October 30, 2025
NewgenONE Varun Goswami
Interview

Reimagining Enterprise Transformation: Varun Goswami on the Future of NewgenONE and AI-Driven Automation

October 30, 2025
AI Underwriter
AI

Why AI is the Underwriter’s Strongest Ally

October 30, 2025
HCLTech and TalEn
Business

HCLTech and TalEn Join Forces to Offer AI-Based Learning and Job Skills Program

October 30, 2025
Consistent Infosystems launched a new range of multiple USB hubs
Technology

Consistent Infosystems launched a new range of multiple USB hubs

October 29, 2025
Infosys Metro Bank
Business

Infosys with Workday to Modernize Metro Bank’s Finance Operations

October 29, 2025
Wipro and HanesBrands
Business

Wipro and HanesBrands Forge Strategic AI Partnership to Transform IT Operations

October 29, 2025
Cisco and G42
Business

Cisco and G42 are deepening technology collaboration to build End-to-End AI infrastructure

October 29, 2025
Load More
ADVERTISEMENT

Latest Updates

BlueVerse™ with OGI

LTIMindtree Launches BlueVerse with OGI to Bring AI-Powered Automation to IT Service Management

by Arshi Khan
6 hours ago

NewgenONE Varun Goswami

Reimagining Enterprise Transformation: Varun Goswami on the Future of NewgenONE and AI-Driven Automation

by Arshi Khan
11 hours ago

AI Underwriter

Why AI is the Underwriter’s Strongest Ally

by Deekshith Marla
14 hours ago

HCLTech and TalEn

HCLTech and TalEn Join Forces to Offer AI-Based Learning and Job Skills Program

by Deepa Sharma
17 hours ago

Consistent Infosystems launched a new range of multiple USB hubs

Consistent Infosystems launched a new range of multiple USB hubs

by Deepa Sharma
1 day ago

Infosys Metro Bank

Infosys with Workday to Modernize Metro Bank’s Finance Operations

by Deepa Sharma
1 day ago

Expert Views

AI Underwriter
AI

Why AI is the Underwriter’s Strongest Ally

October 30, 2025
agentic AI threats
Cyber Security

Top 10 agentic AI threats, and how to defend against them

October 17, 2025
Your Face, Your Data: The Hidden Risks of Uploading to AI Tools
Cyber Security

Your Face, Your Data: The Hidden Risks of Uploading to AI Tools

October 7, 2025
AI in Hiring
Opinion

AI in Hiring: Separating the Hype from Real-World Use Cases

September 19, 2025
Why Even One Unpatched Device Can Be a Catastrophic Risk for Startups and SMBs
Cyber Security

Why Even One Unpatched Device Can Be a Catastrophic Risk for Startups and SMBs

July 25, 2025

Get Latest Update

Subscribe to our mailing list to receives newsletter direct to your inbox!

ADVERTISEMENT

Leaders Interviews

NewgenONE Varun Goswami
Interview

Reimagining Enterprise Transformation: Varun Goswami on the Future of NewgenONE and AI-Driven Automation

-
Jagat Shah, Chairman & CEO of MITSUMI Group
Leaders Talk

Leadership in Emerging Markets: Exclusive Interview with Jagat Shah, Chairman & CEO of MITSUMI Distribution

-
Tokenization
Interview

Revolutionizing Finance: An Exclusive Interview with Sid Ugrankar, Co-founder of Qila.io on the Future of Blockchain and Tokenization

-
Steve Wilson, GenAI Cybersecurity LLMs
Cyber Security

How effective is GenAI in cybersecurity? The role of LLMs and AI in security solutions. [Interview with Steve Wilson]

-

Entrepreneur

Persistent Gender Bias Clouds Perceptions of Leadership in Tech: Study Finds

Top Leadership Skills Entrepreneurs Need in the Age of AI

Samsung Electronics appoints its first female president

Inspiring Women Entrepreneurs in India (2022)

CXOVoice.com is a leading online publication for CXOs, entrepreneurs, senior leaders, developers, and industry professionals. Our coverage spans key sectors, including IT, technology, banking, finance, cybersecurity, engineering, and automobiles.

Connect with us

Easy Links

  • Cryptocurrency
  • Event
  • Blockchain
  • Press Release
  • Resources & Downloads

Write Us

[email protected]
  • Home
  • About Us
  • Contact Us
  • Advertise
  • Privacy & Policy
  • Feedback

Copyright © 2025 CXOVoice - All Right Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

Our Spring Sale Has Started

You can see how this popup was set up in our step-by-step guide: https://wppopupmaker.com/guides/auto-opening-announcement-popups/

No Result
View All Result
  • Home
  • Technology
    • AI
    • Cloud
    • Telecom
    • Data Center
    • BPM
    • Blockchain
  • Finance
    • Banking
  • Cyber Security
  • View Points
  • Leaders Talk
  • News
  • Press Release
    • Submit Press Release

Copyright © 2025 CXOVoice - All Right Reserved