Public sector insurer chooses Cognizant to further strengthen its operational excellence and future-proof technology roadmap
NEW DELHI† July 5, 2022 /PRNewswire/ — Cognizant announced today that it has been selected by National Insurance Company Limited (NICL) as a strategic technology provider to accelerate and help manage its digital transformation. NICL is one of indias leading general insurance companies in the public sector.
NICL awarded Cognizant the multi-year mandate to improve its technology roadmap, help manage its centralized web-based core insurance solution, comprising multiple applications, underlying technology infrastructure and security, and provide advisory services, among other things. Cognizant will also support NICL’s technology roadmap by leveraging digital technologies such as artificial intelligence, machine learning, automation and microservices-based architecture.
Cognizant’s plan is designed to help NICL improve the customer experience every step of the way, including applications, claims processing and underwriting, while continuing to improve ease of doing business, greater operational agility and efficiency, application security, financial and regulatory compliance, and stimulate business growth.
“We are committed to supporting National Insurance Company’s forward-looking technology vision and facilitating their digital transformation journey,” said Achal Katariavice president and India Chief of Staff, Cognizant. “Our strong technology consultancy and digital capabilities will be applied to help NICL deliver an enhanced and secure customer experience.”
Cognizant has been named a market leader in all sectors, including banking and financial services, by leading global analyst firms. Analysts highlighted the company’s customer partnerships, scalability, digital capabilities and expertise as factors in their recognition of Cognizant’s leadership.
Learn more about Cognizant’s insurance services here†
Cognizant (Nasdaq: CTSH) builds modern businesses. We help our customers modernize technology, reshape processes and transform experiences so they can stay ahead of our fast-changing world. Together we improve everyday life. Visit www.cognizant.com or @cognizant.
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SOURCE Cognizant Technology Solutions Corporation