Banking

CMC Case Study: National Insurance Company Limited

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Executive Summary

National Insurance Company Ltd (NIC) established over 30 years ago, is a Public Sector insurance company having its Corporate Office in Chennai. NIC had carried out its operations in a mixed mode - few of the operating offices were fully computerised, some were partially computerised and the rest were operating manually. The rapid growth of the business has put tremendous pressure on the existing system. At that juncture NIC started to look for an appropriate solution to match the growing pace of the transactions. To master these needs NIC chose CMC. Using the state-of-the-art product of CMC - GENISYS, National Insurance Company, a leading public sector player in the field of non-life insurance is meeting the challenges faced by today's general insurance sector.

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