"The solution automates the ability to capture, analyse and make use of data in order to determine risk exposure and risk aggregation," the Tata group company said in a statement here.
The solution, named 'Underwriting Workbench', combines dynamic case management, intelligent work flow and decision support systems with robust geospatial functions, it said.
It is designed to give underwriters full use of location-based technology and data in order to inform risk selection, the information gathering process, scoring, decision making and pricing.