Cognizant Solution Overview

Cognizant and Measure Partner to Deliver a Dramatic Business Impact for Insurers Using Drones

Solution Overview

Cognizant Solution Overview

Drones as a service2

Leverage drones technology to create industry leading solutions for the insurance industry

Cognizant Solution Overview

Drones as a service 3

MAKING A FUTURISTIC VISION A REALITY

Drones have emerged as a game-changing trend in recent years with improved functionality, affordable price and changes in the Federal Aviation Administration (FAA) regulations. Previously used for military and combat operations, drones are now finding their way into many other industries. Insurers in particular see plenty of advantages in deploying drones to increase safety, reduce operational costs and gather superior quality data.

Drones present a variety of opportunities to insurers across the entire value chain, including:

• Improving the productivity, efficiencyand safety of property claims adjusters

• Enhancing the productivity ofrisk engineers

• Improving the customer experienceduring catastrophes

• Reducing fraudulent agricultural claims

Cognizant Solution Overview

Drones as a service4

ENGAGING WITH THE RIGHT PARTNER

Cognizant has partnered with Measure to offer Drone as a Service® (DaaS) as a first of its kind service for the insurance industry. Measure are the only company with approval from the FAA to fly more than 450 types of drones for a broad range of commercial applications. With its global presence and experienced staff, Measure delivers turnkey solutions to acquire, process, and deliver cost-effective, actionable data to customers.

Leveraging Drone as a Service® means customers can:

• Focus on data not drones

• Lower capital expenditure

• Comply with safety and law

The expertise of Measure coupled with Cognizant’s rich insurance domain experience provides limitless opportunities to create industry leading solutions specific to insurance clients.

DRONE AS A SERVICE®:

Drones Payloads: Cameras and sensors

Operators Data & Analytics

BENEFITS

Regulatory Approvals

Insurance Financing

Data, not drones

Keep capex down

Latest technology

Safe, legal, and insured

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Drones as a service 5

DRONES IN INSURANCE: OVERALL SOLUTION VISION AND ROADMAP

Drones can enhance a carrier’s operations while improving customer experience and carrier efficiency. To utilise drones to their maximum potential, an insurer may need to transform their ecosystem using the implementation roadmap shown below:

Conceptualize

business use case for Drones

Technology Vision Partners Envision the ecosystem with Drones

Business Vision on Drones

Identify business process

Define Business Model

• Concept solution

architecture • Define pilot

implementation scope • Refine business

processes and build business model for Drone usage

Technology Blueprint to include input from Drones Roadmap towards Future proof technical architecture

Business case for business process using Drones

Implementation Roadmap

Define target Business Processes with Dronesand Partners

• Use case for business process and impacted systems

• Drone selection and Location identification

• Key integrations to core systems

• Results & documentation based on objectives

Drone Selection Portals with advanced Imagery Data integration withCore systems

Business process anduse case

Approvals and Licenses

Business case, ROI and competitive edge

Location selection for pilot

• Define the target business operating model based on Pilot results

• Refine the business case for implementation

• Partner selection for implementation

• Change Management Strategy

Technology blueprint for institutionalization Partner expansion and scalability

Institutionalization of business processes and target operating model

Change Management strategy

Location strategy

Seamless business process integration

Location wide Rollout

Operationstransformation

Performance considerations Image analytics Advanced solutions

Improved Customer engagement for satisfied customers Prioritized claims handling Next gen business model Advance roadmap for further development Leverage industry lead advantage

Explore and Conceptualize Assess Pilot Define

Implement and Transform

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Cognizant Solution Overview

Drones as a service6

THE IMPACT OF IMAGE ANALYTICS ON DRONE USAGE

Drone as a Service® combines the versatile capabilities of drones with powerful image analytics solutions and live integrations with core systems to provide advanced value to customers. Advanced capabilities include:

• Before after imagery comparisons

• 2D/3D measurements

• Geospatial analysis of drone information with interactive maps

• Vegetation and crop analysis

COGNIZANT AND MEASURE: SPECTRUM OF SERVICES TO HELP CLIENTS EMBARK ON THIS JOURNEY

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Operating Model Assessment

• Review and assessment of existing operations and processes• Data storage and reporting mechanisms• Current state of legal readiness to implement drones• Technical architecture assessment of current systems

Operating Model Definition

• Operating model for including drones into business operations• Identify the changes to people, process, technology and appropriate

partners for the operating model

Drone Operations Plan

• Aircraft selection for the requirement based on operating model and corresponding aircraft insurance

• Logistics and stakeholders for Drone as a Service®

• Legal processes for approvals from FAA.

Data Management and Analytics

• Image analytics solution for the drone images like image comparisons, 2D/3D measurements, change and object detection

• Image handling solutions to handle large image data

Business Case, CBA/ROI Development

• Create business case for integrating drones into business and IT operations with CBA and ROI insights

Pilot Definition and Execution

• Define scope of the pilot to implement drones including selection of drone, location, IT systems impact, data management changes for

• Implement pilot along with relevant stakeholders as per defined scope

MESH

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About CognizantCognizant (NASDAQ: CTSH) is a leading provider of information technology, consulting, and business process services, dedicated to helping the world’s leading companies build stronger businesses. Headquartered in Teaneck, New Jersey (U.S.), Cognizant combines a passion for client satisfaction, technology innovation, deep industry and business process expertise, and a global, collaborative workforce that embodies the future of work. With over 100 development and delivery centers worldwide and approximately 255,800 employees as of September 30, 2016, Cognizant is a member of the NASDAQ-100, the S&P 500, the Forbes Global 2000, and the Fortune 500 and is ranked among the top performing and fastest growing companies in the world. Visit us online at www.cognizant.com or follow us on Twitter: Cognizant.

LET’S TALK

To learn more about Drones as a Service, please contact DronesinInsurance@cognizant.com.