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LIC Partners with Infosys to Lead Digital Transformation with Next-Gen Platform


Infosys will certainly give LIC with complete system combination solutions utilizing AI capacities from Infosys Topaz and DevSecOps solutions from Infosys Cobalt.

IT solutions firm Infosys on Monday introduced it has actually been chosen by LIC to drive its electronic makeover with NextGen Digital Platform

IT solutions firm Infosys on Monday introduced it has actually been chosen by Life Insurance Corporation (LIC) to drive its electronic makeover with NextGen Digital Platform, concentrating on omnichannel experiences and data-driven hyper-personalisation for consumers, representatives and workers.

The firm did not reveal the dimension of the offer.

“Infosys…today announced its collaboration with the Life Insurance Corporation of India (LIC), the largest life insurance company in India, to spearhead its digital transformation initiative called DIVE (Digital Innovation and Value Enhancement),” according to a launch.

Under this, Infosys will certainly make it possible for the development of a NextGen Digital Platform, which will certainly concentrate on providing omnichannel involvement and data-driven hyper-personalised experiences to LIC’s consumers, representatives and workers.

“Infosys was selected by LIC for its extensive experience in executing large-scale digital transformation projects and its deep expertise in the banking, financial and insurance sectors,” the launch stated.

Infosys will certainly give LIC with complete system combination solutions utilizing AI capacities from Infosys Topaz and DevSecOps solutions from Infosys Cobalt.

Infosys Cobalt is a collection of solutions, options, and systems for business to increase their cloud trip, while Infosys Topaz, an AI-first offering collection, improves Cobalt with generative AI capacities.

Besides this, Infosys will certainly aid develop the needed facilities for electronic makeover and make sure recurring tracking and upkeep as soon as the system is functional.

“The NextGen Digital Platform will enable LIC to realise the objectives of DIVE, which is to deliver best in class digital initiatives for all its stakeholders, customers, intermediaries and the marketing team,” the launch included.

Siddhartha Mohanty, CHIEF EXECUTIVE OFFICER and MD of LIC stated, the partnership with Infosys notes a substantial landmark in the electronic makeover trip of the life insurance policy firm.

“It will not only enhance our operational capabilities but also enable us to cater to our vast customer, agent and employee base with newer, more personalised experiences. We are committed to leveraging the latest technologies that Infosys has to offer, including Cloud and Enterprise AI, to drive innovation and improve our offerings,” Mohanty stated.

Salil Parekh, CHIEF EXECUTIVE OFFICER and MD, Infosys, kept in mind that LIC is a name that reverberates throughout generations of Indians.

“…and we are delighted to collaborate on their transformation journey. extensive experience in digital transformation initiatives and prowess in AI and Cloud, we aim to equip LIC with a robust digital infrastructure that will deliver superior customer engagement, enhance operational efficiency and enable rapid market responsiveness,” Parekh included.

(This tale has actually not been modified by News18 team and is released from a syndicated information company feed – PTI)



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