Coforge Ltd announced a strategic partnership with ACORD Solutions Group today, positioning itself to enhance digital modernisation in the global insurance industry. The collaboration marks Coforge’s entry into ACORD’s Licensed Integrator Partner (LIP) program, focusing on advanced technological solutions for insurance data exchange.
The shares of Coforge Ltd were trading at ₹8,970, up by ₹51.40 or 0.58 per cent on the NSE today at 11:41 am.
The partnership enables Coforge to leverage ACORD’s Transcriber and ADEPT platforms, which provide intelligent document processing and real-time digital data exchange capabilities. These technologies will help Coforge’s clients streamline critical insurance processes, including document digitisation, submissions, contracts, accounting records, and claims management.
Rajeev Batra, Executive Vice President and Head of Insurance at Coforge, emphasised the strategic importance of the partnership, highlighting the company’s commitment to developing connected enterprise solutions. Chris Newman from ACORD Solutions Group noted the collaboration as a significant step toward standardising data exchange and improving industry digitalisation.
Coforge, a global digital services provider with 30 global delivery centres across 22 countries, continues to leverage emerging technologies like AI, Cloud, and Automation to transform business operations in key industry sectors.
