Nasdaq-listed IT services firm Cognizant announced today that it had been selected as a strategic technology provider by National Insurance Company Limited (NICL) to accelerate and manage its digital transformation. The financial details of the deal were not disclosed.
NICL is one of India’s leading public sector general insurance companies.
NICL awarded the multi-year mandate to Cognizant to elevate its technology roadmap, help manage its centralised web-based core insurance solution comprising multiple applications, underlying technology infrastructure and security, and provide consulting services, among other things.
Cognizant will also support NICL’s technology roadmap by leveraging digital technologies such as artificial intelligence,