The Digital Insurer Award - Bajaj Allianz General Insurance

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Strictly Confidential
Bajaj Allianz General Insurance Co. Ltd.
Core Transformation Program: Maximus

2. Marching from an “as-is” state to a “to-be” state
High Risk: Platform shelf-life and service
period are approaching an end
High maintenance cost:
• Code centric
• Heavy customization of core
• Heavy dependence on specialized
resources
Not Scalable
• Monolithic to an extent
• Core and non-core tightly coupled
As-is (Current)
Modular: Component Based (Modular),
flexible & scalable architecture
Modern, Revitalized
• Faster Go-To-Market
• Business defined rules with no need
of specialized resources
• Configurable, rules driven
Long-life
• Obsolescence mitigated
• Core and non-core separate
To-be (Maximus)

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Microservices enabled Hyper-personalization capable
API driven outer layer
Polymorphic by function, design Cloud at the centre Multi-role, function compatible
Maximus: Six principles of our “To-be” state
Maximus program had six principles that defined our vision of the “to-be” state

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The guiding benefits of shifting to cloud based core system
1 On-demand scalability – ensure the ever growing business is catered to, seamlessly
2 High Availability – move to a ZERO downtime model thus giving better experience & value
3 Latest Hardware – upgrading to the latest hardware for better performance and throughput
4 “Pay as you go” model – to ensure what we pay for only what we consume, thus reducing cost
5 Reduced Datacenter Operations – reducing the data centre management requirement, thus reducing cost
Our Cloud mantra for core transformation

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Maximus: Beyond Cloud
AI-enabled BOTs for
Conversations & Process Automation
Revamped Digital Assets
for all processes
Machine Vision
Based Document Scanning
Powerful CRM Smarter Analytics Robust Security
at all Layers
Maximus is not only a cloud transformation program, but it is a paradigm shift in the way we think of digital solutions

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Thank You!