Bajaj Allianz General Insurance moves core operations to TCS Bancs on cloud

BENGALURU: Bajaj Allianz General Insurance has moved its insurance administration system to the Cloud using IT services provider TCSNSE -1.74 %’ BaNCS platform, in what is perhaps the first instance of an Indian insurer leveraging the public cloud to manage core operations.

Cloud has been used for smaller, add-on systems but as core systems begin to move, experts forecast a massive growth in the country’s cloud market.