Bahrain's SNIC Insurance selects TCS BaNCS

To support its ambitious digital transformation strategy

Tata Consultancy Services 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 replac e 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.

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