WNS Recognized as ‘Leader’ in P&C Insurance for 7th Consecutive Year by Everest Group
June 30 2021 - 8:00AM
Business Wire
WNS (Holdings) Limited (NYSE: WNS), a leading provider of global
Business Process Management (BPM) solutions, today announced that
it has been named a global ‘Leader’ for the seventh consecutive
year in Everest Group’s Property and Casualty (P&C) Insurance
BPS – Service Provider Landscape with Services PEAK Matrix®
Assessment 2021.
Everest Group highlighted WNS’ ‘in-a-box’ offerings which
integrate operations and technology solutions for insurers and
brokers as a key differentiator. The company was also cited for its
role as a strategic digital transformation partner, with a wide
array of domain-specific and sophisticated digital solutions
spanning the entire insurance value chain. Additionally, the report
notes WNS’ unique capabilities in underpenetrated industry
segments, including InsurTech, Lloyds syndicates, brokerages and
reinsurers. Everest also highlighted WNS’ focus on creating custom
solutions and innovative risk-sharing commercial models as evidence
of the company’s “co-creation” approach and ability to generate
value for its clients.
“Our deep domain expertise and partnership approach to
“co-creating” solutions continue to enable digital transformation
and differentiation for our clients. Our ongoing investments to
drive unique, domain-centric solutions powered by hyperautomation
and advanced analytics will allow WNS to deliver long-term results
for our clients across industries,” said Keshav R. Murugesh, Group
CEO, WNS.
“WNS has continued to maintain its leadership position in the
P&C insurance BPS marketplace through a combination of relevant
capabilities such as domain focus, operational expertise, and
digital/technology assets, that it has managed to package and
deliver well in innovative constructs such as outcome-based
engagements and in-a-box. While P&C insurance market has been
going through its digital adoption curve for quite some time now,
COVID-19 has accelerated that process for all. WNS’ ongoing
investments in use-case led and customized solutioning, places it
favourably to partner with different insurance market participants
for their transformation and growth journeys” stated Somya Bhadola,
Practice Director, Everest Group.
WNS partners with over 55 global insurers, re-insurers, brokers
and InsurTechs to drive digital transformation across the P&C,
L&A and TPA value chains. The company’s comprehensive suite of
digital solutions is powered by hyperautomation, NLP, advanced
analytics, AI, blockchain, IoT, BPaaS platforms and process
re-engineering frameworks. The Insurance-in-a-Box offering, a
unique ‘Platform + BPM-as-a-Service’ target operating model, is
ideal for startups, brokers and new-age insurers. WNS’
domain-specific capabilities span the insurance value chain,
including underwriting, actuarial services, end-to-end claims
management, financial planning and analysis, data and analytics,
and risk and compliance.
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 380 clients across various
industries. WNS delivers an entire spectrum of BPM solutions
including industry-specific offerings, customer experience
services, finance and accounting, human resources, procurement, and
research and analytics to re-imagine the digital future of
businesses. As of March 31, 2021, WNS had 43,997 professionals
across 58 delivery centers worldwide including facilities in
Australia, 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/20210630005484/en/
Investors: David Mackey
EVP–Finance & Head of Investor Relations WNS (Holdings) Limited
+1 (646) 908-2615 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 Jun 2024 to Jul 2024
WNS (NYSE:WNS)
Historical Stock Chart
From Jul 2023 to Jul 2024