The Life & Wealth space is a natural complement to our 20-year history in wealth management. Capco offers digital strategy / execution, core system implementation services (thanks to our partnership with FIS), strategy consulting and target operating model development.

Strategy Consulting

Strategy is about the ’what’ and ’why’ and Capco has deep insurance experience to help you understand and visualize your goals.

• Digital strategy
• Portfolio rationalization
• Agile training and coaching

Digital Insurance Implementation Consulting

Implementation is about the ’how’ and ‘when’ – Capco’s deep digital and security experience can help execute your strategy.

• Digital Centers of Excellence (CoE)
  - Defining Digital for your organization
  - Artificial intelligence and machine learning
  - Customer experience (CX)
  - Robotic process automation (RPA)
• Data science
• RPA implementation services
• Digital assistants - chatbots
• AI / ML data mapper
• Digital hub / cloud
• Cybersecurity and resiliency services
• Financial crimes

Compliance and Risk Management

The regulatory environment is increasingly complex and always transforming. Failure to maintain compliance carries stiff financial and reputational consequences.

Capco consulting can help you assess your risk, develop a comprehensive compliance management system (CMS), establish customized policies and procedures, educate your staff, monitor and test for ongoing compliance, re-mediate apparent violations of law and other compliance weaknesses, generate useful management reports, and successfully prepare and respond to regulatory examinations.

Process Digitization - Blockworkx

In a competitive, changing business environment, insurance companies gain competitive advantage and reduce costs by transforming their business processes. At Capco, we can optimize your business-as-usual with a proven methodology and an enterprise-wide digitization solution called Blockworkx.

Blockworkx uses pre-built and tested patterns that enable efficient, agile business processes to be rapidly stood up and evolve with your business needs. Our solution enables organizations to leverage a suite of functionality to improve process efficiency, continually improve processes, rapidly modify processes to respond to changing business needs and integrate new digital capabilities.

Capco can help transform your life & retirement business. Reach out to insurance@capco.com and check out our offerings to learn more.