Strategic Outsourcing

Strategic outsourcing offerings

Many insurers focus to perform well on their core competencies to remain competitive and profitable. Offshoring has become a strategic option to maximize their IT returns and attain economies of scale. Insurance organizations are looking at matured IT service providers who have a good understanding of the insurance domain and have robust methodologies, tools and frameworks for accelerated business outcomes. More than 70% of Virtusa’s insurance portfolio comprises of insurers whose direct written premium is more than 1 billion USD.

With over 1,000 insurance consultants globally, Virtusa provides strategic outsourcing services using our global delivery model. Virtusa is perfectly positioned with its best-in-breed, innovative insurance solutions, and domain expertise to respond where Insurance ITO buyers want to complement their supplier services portfolio with an agile transformation partner. Our experience and expertise with the value chain of insurance functions helps provide solutions and services that improve efficiency, support growth and retention, and enhance the customer experience. Virtusa's strategic outsourcing services for insurance organizations include:

Application Support & Maintenance (ASM)

Virtusa’s ASM offerings help our insurance clients in effectively maintaining their IT application portfolio through cost-effective and predictable services.

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Independent Software Quality (ISQ)

Virtusa’s purpose-built Independent Software Quality practice (ISQ) is different from conventional Quality Assurance (QA) services offered by service providers.

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Infrastructure Management (IMS)

We would like to partner with our customers to align business objectives with the right technologies to achieve strategic long-term results.

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Platform and Business Process Outsourcing (BPO)

Virtusa’s Platforming approach addresses some of the toughest and commonly faced challenges by the CIOs.

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Virtusa partners with leading Autonomics solution providers to combine industry and application “know how” of the insurer to deliver proven business outcomes.

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