Tokyo, Japan – September 30, 2021 – NTT DATA, a digital business and IT services leader, announced today the launch of their Global Insurance Digital Platform (GIDP), a cloud based, digital platform and partner ecosystem, that provides best-in-class consulting, partnerships, Business Process as a Service (BPaaS), Third-party Administration, and technology to the Life & Annuity Industry. Along with partner integration, GIDP provides the ability to quickly launch new products, proactively use data, reduce operational costs, mitigate risk, and remain competitive.
“The new virtualized world has forced a digital operating model on life insurers and many of them, along with solution providers, are taking the digital challenge as a must to survive and thrive,” said Keith Raymond, Senior Analyst at Celent. “The pandemic accelerated digital adoption and platforms that connect an ecosystem of core administration systems, claims management, agent automation, and analytics help insurers leverage their existing investments and get to market faster.”
GIDP's componentized approach connects seamlessly via event-based APIs and is built on a strong foundation of deep industry knowledge, BPO, infrastructure, security, compliance, and automation. GIDP promotes business process digitization, improves decision-making based on robust data, and delivers product innovation.
GIDP’s ecosystem provides clients with immediate access to our wide array of industry-leading, global and regional partners – offering turnkey solutions across the value chain. While GIDP is global, it provides the unique benefit of being a highly customizable, regional solution, specific to individual needs to help each client speed up their digital transformation journey and enhance the end user experience.
“We are in the ERA of interconnected companies,” said Masahiro Kashibe, Global Insurance Alignment Lead at NTT DATA Corporation. “NTT DATA’s Global Platform brings together best of breed partnerships to support our clients in accelerating the journey to maximize data and digital transformation and to optimize processes, costs, innovation and increase client engagement.”
To read more about NTT DATA’s Global Insurance Capabilities visit:
To read more about our 2021 research visit:L&A Insurers Shift Their Digital Transformation Into High Gear
* GIDP™ is trademark of NTT DATA Corporation.
NTT DATA – a part of NTT Group – is a trusted global innovator of IT and business services headquartered in Tokyo. We help clients transform through consulting, industry solutions, business process services, digital & IT modernization and managed services. NTT DATA enables them, as well as society, to move confidently into the digital future. We are committed to our clients’ long-term success and combine global reach with local client attention to serve them in over 50 countries around the globe. Visit us at nttdata.com.
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