WNS Recognized as a ‘Leader’ in Digital Platform and Augmentation Suite (DPAS) in Insurance BPS by Everest Group
November 01 2022 - 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 recognized as a ‘Leader’ in Digital Platform and
Augmentation Suite (DPAS) in Insurance BPS in Everest Group’s 2022
PEAK Matrix™ Assessment.
The DPAS-specific PEAK Matrix™ Assessment evaluated insurance
BPS providers in four areas – automation, cognitive, analytics, and
user experience-focused services. WNS was recognized as a leader
for its CoEs in key functions (including actuarial, analytics and
underwriting), robust partnerships, analytics capabilities to drive
new sales and claims management, and hyperautomation to drive
end-to-end business transformation. WNS’ well-rounded DPAS
offerings include intelligent automation capabilities using
low/no-code platforms and digital solutions including Intelligent
Document Processing (IDP).
“We are delighted to be recognized as a Leader by Everest Group
for our digital-first solutions underpinned by deep industry
knowledge, leading-edge technology, and advanced analytics. Our
early investments in creating integrated digital platforms and an
agile ecosystem have helped WNS to aid global insurers in
fast-tracking their digital transformation journeys,” said Keshav
R. Murugesh, Group CEO, WNS.
“Insurance enterprises have come a long way to seek value beyond
labor arbitrage. They have started realizing that the digital
capabilities of insurance BPS providers can be a significant change
agent, as the industry experiences disruption in customer
preferences and changing product dynamics. WNS, being a significant
player within this market, has made noteworthy investments in key
domain areas such as actuarial, underwriting, and claims
processing, as well as has developed sophistication in digital
tools, such as analytics, AI, and automation, to help clients
harness the potential shifts from digitization. Understanding the
evolving market dynamics and client expectations, it has also
developed innovation centers, hyper-automation capabilities, a
partner ecosystem with InsurTechs and platform providers, as well
as a consulting practice for creating customized solutions for
clients,” said Abhi Kothari, Practice Director, Everest Group.
WNS' insurance portfolio includes more than 55 global insurers,
re-insurers, brokers and InsurTech companies. The company manages
more than 30 million claims transactions annually, covering claims
spending of more than $13 billion. Our clients' digital
transformation journeys are driven by WNS' industry expertise,
data-to-insights capabilities, and integrated digital operating
models. WNS’ digital-first solutions aid clients in staying ahead
of the curve by improving risk mitigation, reducing indemnity
spending, lowering cost of services, and enabling superior customer
experience.
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 400
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 September 30, 2022, WNS had 57,503
professionals across 60 delivery centers worldwide including
facilities in Canada, 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 or follow us on
Facebook, Twitter, LinkedIn, and Instagram.
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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version on businesswire.com: https://www.businesswire.com/news/home/20221031005932/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
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