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Infosys collaborates with LIC to drive digital transformation

Infosys has introduced its collaboration with the Life Insurance coverage Company of India (LIC) to spearhead its digital transformation initiative referred to as DIVE (Digital Innovation and Worth Enhancement).

As a part of this collaboration, Infosys will assist create a cutting-edge NextGen Digital Platform specializing in delivering seamless omnichannel engagement and data-driven hyper-personalized experiences to LIC’s prospects, brokers and staff.

The corporate mentioned it was chosen by LIC for its intensive expertise in executing large-scale digital transformation initiatives and its deep experience within the banking, monetary and insurance coverage sectors.

Infosys will present LIC with turnkey system integration providers utilizing AI capabilities from Infosys Topaz and DevSecOps providers from Infosys Cobalt.

Infosys Cobalt is a set of providers, options, and platforms for enterprises to speed up their cloud journey, whereas Infosys Topaz, an AI-first providing suite, enhances Cobalt with Gen AI capabilities.

As well as, Infosys will assist set up the infrastructure for digital transformation and guarantee ongoing monitoring and upkeep as soon as the platform is operational.

Siddhartha Mohanty, the CEO & MD of LIC, mentioned, “Our collaboration with Infosys marks a big milestone in our digital transformation journey. It won’t solely improve our operational capabilities, but additionally allow us to cater to our huge buyer, agent and worker base with newer, extra customized experiences,”

The NextGen Digital Platform will allow LIC realise the aims of DIVE — to ship greatest at school digital initiatives for all its stakeholders, prospects, intermediaries and the advertising workforce. It is going to additionally function an open platform, enabling swift integration with FinTech firms and Bancassurance companions.

Salil Parekh, CEO & MD, Infosys, mentioned, “Via this collaboration, we’re assured LIC will probably be uniquely positioned to supply unparalleled service and worth to their stakeholders.”



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