Coforge Ltd today announced a strategic partnership with ACORD Solutions Group, positioning itself to support digital modernization in the global insurance industry. The collaboration marks Coforge’s entry into ACORD’s Licensed Integration Partner (LIP) program, specializing in advanced technology solutions for the exchange of insurance data.
Shares of Coforge Ltd were listed at ₹8,970, up ₹51.40 or 0.58 percent, on the NSE at 11:41 am today.
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The partnership enables Coforge to leverage the ACORD Transcriber and ADEPT platforms, which offer intelligent document processing and real-time digital data exchange capabilities. These technologies will help Coforge customers streamline critical insurance processes, including document digitization, claims submission, contracts, accounting documentation and claims management.
Rajeev Batra, Executive Vice President and Chief Insurance Officer, Coforge, highlighted the strategic importance of the partnership, highlighting the company’s commitment to developing connected enterprise solutions. Chris Newman from ACORD Solutions Group considered this cooperation a major step towards standardizing data exchange and improving the digitization of the industry.
Coforge, a world digital services provider with 30 global delivery centers in 22 countries, continues to leverage emerging technologies corresponding to artificial intelligence, cloud and automation to transform business operations in key industry sectors.
