WNS Named a ‘Leader’ in Everest Group Peak Matrix™ Assessment Report 2017 for Property and Casualty Insurance BPO
May 23 2017 - 8:02AM
Business Wire
WNS (Holdings) Limited (NYSE: WNS), a leading provider of global
Business Process Management (BPM) services, today announced that it
has been named a ‘Leader’ in the 2017 Everest Group PEAK
Matrix™ Assessment Report for Property and Casualty (P&C)
Insurance BPO. WNS has received this recognition for the third year
in a row.
"WNS brings best-in-class domain and process expertise,
technology-enabled solutions and analytics capabilities to the
P&C insurance industry. We are a strategic partner to our
insurance clients, helping them transform their businesses to
better compete in a rapidly changing business environment. This
recognition from Everest Group serves to validate our
differentiated position in the global BPM insurance market, and
showcases our ability to deliver true business value to our
clients,” said Keshav R. Murugesh, Group CEO, WNS.
“WNS’ deep domain expertise in P&C Insurance has helped it
maintain its differentiation in the market. The domain expertise
enables WNS to deliver judgment-intensive and complex processes to
buyers and feature as a service provider with truly end-to-end
process management capabilities. The insurance industry is facing
major headwinds and WNS is positioned well to serve them by
alloying its traditional capabilities with automation and analytics
to offer cutting-edge solution to P&C insurance buyers,” said
Anupam Jain, Practice Director, Everest Group.
The Everest Group PEAK Matrix™ defines ‘Leaders’ as companies
having scored in the 75th percentile for both market success
and delivery capability. Market success is measured by revenue,
number of clients and year-over-year revenue growth. Delivery
capability measures a company’s ability to deliver through scale,
scope, technology solutions and innovation, delivery footprint and
buyer satisfaction. WNS was cited in the report for its strong
coverage of all major processes in P&C insurance BPO, expertise
in process improvement, robust suite of complex solutions and
overall buyer satisfaction. WNS was also recognized for its global
market share (including North America, UK, Europe and APAC),
diverse portfolio of clients, and TPA license in the US.
WNS’ insurance practice has a wide range of solutions to support
our clients’ requirements, including actuarial, research and
analytics, operations and shared services. Over 30 insurance and
re-insurance companies rely on our services to transform their
critical processes, manage costs and regulatory requirements,
leverage analytics to drive actionable insights, and improve the
end-customer experience. We serve the P&C sector with claims
processing, policy administration, underwriting, actuarial
solutions, sales support, and industry-specific finance and
accounting services. WNS is able to drive value by combining our
domain expertise, technology solutions powered by automation and
robotics, analytics capabilities and a global delivery network.
About WNS
WNS (Holdings) Limited (NYSE: WNS), is a leading global business
process management company. WNS offers business value to 300+
global clients by combining operational excellence with deep domain
expertise in key industry verticals including Travel, Insurance,
Banking and Financial Services, Manufacturing, Retail and Consumer
Packaged Goods, Shipping and Logistics, Healthcare and Utilities.
WNS delivers an entire spectrum of business process management
services such as finance and accounting, customer interaction
services, technology solutions, research and analytics and industry
specific back office and front office processes. As of March 31,
2017, WNS had 33,968 professionals across 48 delivery centers
worldwide including China, Costa Rica, India, Philippines, Poland,
Romania, South Africa, Sri Lanka, Turkey, United Kingdom and the
United States. For more information, visit www.wns.com.
Safe Harbor Provision
This document includes information which may constitute
forward-looking statements made pursuant to the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995,
the accuracy of which are necessarily subject to risks,
uncertainties, and assumptions as to future events. Factors that
could cause actual results to differ materially from those
expressed or implied are discussed in our most recent Form 20-F and
other filings with the Securities and Exchange Commission. WNS
undertakes no obligation to update or revise any forward-looking
statements, whether as a result of new information, future events,
or otherwise.
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WNS (Holdings) LimitedInvestors:David Mackey, +1
201-942-6261Corporate SVP - Finance & Head of Investor
Relationsdavid.mackey@wns.comorMedia:Archana Raghuram, +91 (22)
4095 2397Head – Corporate Communicationsarchana.raghuram@wns.com;
pr@wns.com
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