WNS (Holdings) Limited (NYSE: WNS), a leading provider of global
Business Process Management (BPM) services, today announced that
the company has been recognized as a ‘Market Leader’ in Insurance
across several categories by Information Services Group (ISG) in
their Provider Lens™ Digital Insurance BPO Services U.S. Quadrant
and Archetype reports, published in October 2019.
In the Buyer Archetype report, WNS has been named a ‘Leader’ in
all of the four archetypes that represent the different buying
patterns of enterprise clients in the sourcing world. The four
groups include conventional buyers, bot deployers, digitally
progressive buyers, and integrated solutions buyers. WNS was
recognized for its proprietary automation solutions, bot
deployments and capabilities in data science, cognitive, and AI
technologies. The report highlights WNS’ strong foothold in the
Life and P&C insurance value chain and breadth of digital
offerings spanning omni-channel, customer digital applications,
broker applications, and self-service portals.
Similarly, in the U.S. Quadrant Report, which compares service
provider strengths, challenges and competitive differentiators, WNS
was recognized as a ‘Leader’ in both Property & Casualty
Insurance and Life & Annuity TPA Services, and named a ‘Rising
Star’ in Life & Annuity Digital Services. In the area of
P&C Insurance, ISG cited WNS for strength in domain expertise,
end-to-end capabilities, digital transformation services, modular
approach, and mature automation ecosystem. In the Life &
Annuity TPA category, WNS was recognized for its digital
capabilities, deep analytics, actuarial offerings, and flexible,
customized platform solutions providing clients with the best
technology available. For Life & Annuity Digital Services, ISG
recognized WNS’ domain proficiency, robust automation and analytics
capabilities, and large actuarial practice.
“At WNS, we are constantly striving to ‘co-create’ solutions
which deliver improved efficiency, actionable insights, an enhanced
end-customer experience, and competitive differentiation for our
clients,” said Keshav R. Murugesh, CEO, WNS. “We are delighted to
have been recognized by ISG for our leadership position across key
segments of the insurance industry, and our ability to address the
evolving needs of the various types of insurance buyers.”
“Too many insurance TPAs are encumbered with legacy technology
that limits their ability to provide a custom solution that best
fits the carrier’s open block needs. WNS has taken a different
approach that marries their deep insurance BPO expertise with
whatever third-party technology solutions best fit the carrier’s
digital needs. Their flexibility and customized approach allows
them to match the carrier’s strategy and gives the carrier the
autonomy needed to dictate future changes in technology to keep
current,” said Dennis Winkler, Director, Business Services,
ISG.
“With a number of years of expertise in the insurance industry
coupled with proficient BPO digital capabilities, WNS is proving
itself to be a strategic partner to its clients,” said Namratha
Dharshan, Assistant Director Research and Principal Analyst,
ISG.
WNS partners with insurers, re-insurers, brokers and InsurTech
companies to drive digital transformation across the P&C and
L&A value chains. We leverage our deep domain expertise,
leading-edge digital technologies, and advanced analytics
capabilities to help insurance businesses drive rapid
transformation, innovation, and agility. Our insurance solutions
help our clients scale faster and quickly respond to changing
market conditions, mitigate risk, reduced indemnity spends, lower
cost of service, and drive improved end-customer experiences.
To download the full report <click here>
About WNS
WNS (Holdings) Limited (NYSE: WNS) is a leading Business Process
Management (BPM) company. WNS combines deep industry knowledge with
technology, analytics and process expertise to co-create
innovative, digitally led transformational solutions with over 350
clients across various industries. WNS delivers an entire spectrum
of BPM solutions including industry-specific offerings, customer
interaction services, finance and accounting, human resources,
procurement, and research and analytics to re-imagine the digital
future of businesses. As of September 30, 2019, WNS had 42,602
professionals across 61 delivery centers worldwide including
facilities in China, Costa Rica, India, the Philippines, Poland,
Romania, South Africa, Spain, Sri Lanka, Turkey, the 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.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20191202005356/en/
Investors: David
Mackey EVP – Finance & Head of Investor Relations WNS
(Holdings) Limited +1 (201) 942-6261 david.mackey@wns.com
Media: Archana
Raghuram Global Head – Marketing & Communications and
Corporate Business Development WNS (Holdings) Limited +91 (22) 4095
2397 archana.raghuram@wns.com pr@wns.com
WNS (NYSE:WNS)
Historical Stock Chart
From May 2024 to Jun 2024
WNS (NYSE:WNS)
Historical Stock Chart
From Jun 2023 to Jun 2024