Infosys has introduced a strategic collaboration with cloud insurance coverage software program options supplier Majesco to work collectively to assist clients speed up their digital transformation journey. This will assist unlock new alternatives, deal with the demand for personalised buyer experiences, operational effectiveness, and digital adoption throughout the insurance coverage enterprise worth chain, Infosys stated in a regulatory submitting to the inventory exchanges.
Infosys’ insurance coverage area and digital capabilities mixed with Majesco’s cloud-based suite of options together with the Majesco L&A and Group Core Suite, Majesco P&C Core Suite, and Majesco Digital1st Insurance on Majesco CloudInsurer, will speed up enterprise progress and innovation for the insurance coverage trade, Infosys stated.
The mixed synergy will assist Life & Annuity (L&A), Group, and Property & Casualty (P&C) clients rework their enterprise and can profit insurers in attaining agility and innovation at velocity and scale, Infosys added.
Infosys President Mohit Joshi stated, “In the new normal, insurers are exploring ways to offer hyper-personalised experiences and innovative coverage to acquire and retain customers. Together, we will provide advanced insurance solutions to our customers and act as a catalyst in their transformation journey by delivering the next-generation digital insurance.”
At 11:45 am, Infosys shares have been buying and selling larger by 0.4 per cent on the BSE as in opposition to the Sensex’s decline of 0.17 per cent.