AI-led transformation is Genpact's epicenter
in supporting growth, efficiency, and scalability for global
clients
NEW
YORK, June 18, 2024 /PRNewswire/ --
Genpact (NYSE: G), a global professional services
and solutions firm delivering outcomes that shape the
future, has earned the top recognition as a Leader in Everest
Group's first PEAK Matrix® Assessment 2024 for insurance
intermediaries services.
Genpact's AI-first approach leverages data from existing
frameworks to support impactful and transformative operations for
global clients in property, casualty, life, annuities, retirements
and care management services. The report highlights Genpact's
robust suite of industry-wide solutions and accelerators built on
AI, analytics, and automation to improve distribution, new
business, underwriting, claims, actuarial, and reinsurance outcomes
and create a robust experience for employees and customers.
"We are at a pivotal point with the integration of AI
revolutionizing the industry and creating more efficient and
scalable opportunities for insurers to mature and adapt to
customers' on-demand needs," said Sameer
Dewan, Global Business Leader, Financial Services,
Genpact. "By digitizing operations and incorporating AI,
insurance brokers and intermediaries can significantly enhance
efficiency, customer experience, and profitability, while staying
competitive in a rapidly evolving market. The integration of these
technologies is not just an upgrade but a strategic necessity for
sustainable growth and success in the insurance industry."
With proactive investment in building data and AI-focused
orchestration tools and legacy-enhancing interventions, Genpact is
addressing industry challenges across the value chain, including
underwriting, servicing, and claims.
"Intermediaries are increasingly engaging with service providers
with transformative strategies to optimize their operations," said
Sahil Chaudhary, Practice
Director, Everest Group. "Moreover, Genpact's investment in
legacy platform modernization services, Guidewire implementation,
and the implementation of generative AI in underwriting manager
solutions has positioned it as a Leader in the Everest Group
Insurance Intermediaries Services PEAK Matrix Assessment 2024."
Everest Group evaluated 15 providers against rigorous criteria,
including an RFI, client reference checks, and ongoing market
analysis. Genpact emerged as a Leader, based on its ongoing
commitment to leveraging AI and cultivating a strong talent roster,
elevating its insurance intermediary services for global
clients.
To learn more about our insurance services, please visit:
https://www.genpact.com/insight/everest-group-names-genpact-a-leader-in-insurance-intermediaries-peak-matrix
About Genpact
Genpact (NYSE: G) is a global professional services firm
delivering the outcomes that transform our clients' businesses and
shape their future. We're guided by our real-world experience
redesigning and running thousands of processes for hundreds of
global companies. Our clients – including many in the Global
Fortune 500 – partner with us for our unique ability to combine
deep industry and functional expertise, leading talent, and proven
methodologies to drive collaborative innovation that turns insights
into action and delivers outcomes at scale. We create lasting
competitive advantages for our clients and their customers, running
digitally enabled operations and applying our Data-Tech-AI services
to design, build, and transform their businesses. And we do it all
with purpose. From New York to
New Delhi and more than 30
countries in between, our 125,000+ team is passionate in its
relentless pursuit of a world that works better for people. Get to
know us at Genpact.com and
on LinkedIn, Twitter, YouTube,
and Facebook.
MEDIA CONTACT:
Sarah
Joyce
Genpact Media
Relations
626-379-9829
sarah.joyce@genpact.com
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SOURCE Genpact