Ntt Data Fa Insurance Services Among Cloud Top 500

9 Raffles Place #18-20/21 Republic Plaza

Singapore, x, 48619, Singapore

65 6879 4878

https://www.nttdata-ndfs.com/

1107

Ntt Data Fa Insurance Services Strengths, Domain Expertise, and Key Differentiators

Founded in 1981, NTT DATA FA Insurance Systems Group is a IT solutions and services provider to the Insurance Industry. Since inception, the company has been focused solely on providing software applications and IT services across different lines of the Insurance and Reinsurance businesses.

In the past three decades NTT DATA FA Insurance Systems has been instrumental in enhancing the business agility and efficiency of Insurance and Reinsurance companies of different sizes across multiple countries and regions with modern technology solutions and flexible offerings. NTT DATA FA Insurance Systems offers an array of insurance-specific software solutions that range from Insurance Components that address specific business needs to enterprise-wide Policy Administration Systems, and a range of specialized IT services like system integration, offshore development, consulting, etc.

Ntt Data Fa Insurance Services Recent Developments

NTT DATA understands the insurers need to digitize solutions and help transform the business with a comprehensive suite of products and services. NTT DATA emphasize long-term commitment and combine global reach and local intimacy to provide premier core insurance systems for the P&C (FirstGen), L&A (FirstLife) and Professional Reinsurance (FirstRe) markets. Leveraging extensive insurance domain expertise, modern technology and matured processes, NTT DATA helps its customers achieve competitive advantage by ensuring faster time to market, lower TCO and higher ROI.

Ntt Data Fa Insurance Services Customers in ARTW Customer Database

Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Ntt Data Fa Insurance Services applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Ntt Data Fa Insurance Services and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified FirstGen, FirstLife, FirstRe, iGenCloud, iReCloud customers.

Ntt Data Fa Insurance Services Overview

Ownership: - x

Number of Employees: 200

Functional Markets: ERP Services and Operations,

Key Verticals: Insurance,

Ntt Data Fa Insurance Services Key Enterprise and Cloud Applications

FirstGen, FirstLife, FirstRe, iGenCloud, iReCloud

Ntt Data Fa Insurance Services Revenues, $M:

Type/Year20192020YoY Growth, %
Total Revenues, $M Subscribe Subscribe Subscribe
Enterprise Applications Revenues, $M Subscribe Subscribe Subscribe
Cloud Applications Revenues, $M Subscribe Subscribe Subscribe

* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.

Ntt Data Fa Insurance Services Revenue Breakdown By Type, $M:

TypeLicenseProf. ServicesHardwareSupport & MaintenanceSaaSPaaSIaaSOther (Non Enterprise Application Revenues)Total
% of Total Revenues Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe 100%
Revenues, $M Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe

Ntt Data Fa Insurance Services Revenues By Region, $M

Region% of Total Revenues2020 Total Revenues, $M2020 Enterprise Applications Revenues, $M2020 Cloud Applications Revenues, $M
Americas Subscribe Subscribe Subscribe Subscribe
EMEA Subscribe Subscribe Subscribe Subscribe
APAC Subscribe Subscribe Subscribe Subscribe
Total Subscribe Subscribe Subscribe Subscribe

Ntt Data Fa Insurance Services Direct vs Indirect sales

RegionDirect SalesIndirect SalesTotal
Type % Subscribe Subscribe Subscribe
Revenues, $M Subscribe Subscribe Subscribe

Ntt Data Fa Insurance Services Customers - Breakdown by Geo, Size, Vertical and Product

List of Verified Ntt Data Fa Insurance Services Customers


No. of Ntt Data Fa Insurance Services Customers: 120

No. of Ntt Data Fa Insurance Services Enterprise Applications Customers: x

No. of Ntt Data Fa Insurance Services Cloud Customers: x

No. of Ntt Data Fa Insurance Services Cloud Subscribers: x


Ntt Data Fa Insurance Services has 120+ customers among insurance companies such as Generali, Tokio Marine, AIG, GEICO, RSA, Allianz, QBE, Munich Re, Unum, Allstate, Swiss Re, American Family Insurance, Chubb, Hanover Insurance Group and others.

Ntt Data Fa Insurance Services Market Opportunities, M&A and Geo Expansions

The software is designed to be flexible and scalable, NTT DATA FA Insurance Systems solutions give insurers the capability to deliver excellent service, increase market share and lower operating costs.

Ntt Data Fa Insurance Services Risks and Challenges

Cloud migration is a work in progress

Ntt Data Fa Insurance Services Ecosystem, Partners, Resellers and SI

In 2020, Fairfirst Sri Lanka has chosen NTT DATA FA Insurance Systems, as its primary Technology partner in upgrading its technology backbone. Project Butterfly is expected to provide improvement in multiple areas related to 5 key components – Modernity, Consolidation, Standardization, Centralization and Optimization. NTT DATA FA Insurance Systems in this endeavour is leaving no stone unturned in ensuring that Project Butterfly progresses and achieves all the milestones set out, despite working under restricted circumstances due to the worldwide impact of COVID-19.

NTT DATA FA Insurance Systems cooperate closely with various Group Companies in Asia, the Americas, Europe, and the Middle East in areas such as distribution, delivery and support related to its Policy Administration Systems and Business-specific Components. Among its Business Partners are Dimension Data, NTT Data, Intra-Mart, Jarus, Everis and others. Among its Technology Partners are Microsoft, Oracle, IBM, AWS, SAP

Ntt Data Fa Insurance Services Cloud Infrastructure Insights

Subscribe to read more about:

  • Ntt Data Fa Insurance Services Public Cloud and Infrastructure (IaaS)
  • Ntt Data Fa Insurance Services Platform (PaaS)
  • Ntt Data Fa Insurance Services Application Delivery
  • Ntt Data Fa Insurance Services Private Cloud and Data Centers

Research Methodology

Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.


Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).


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