3i Infotech, InsureMO announce partnership to transform insurance industry

TAGS

3i Infotech Limited, a global IT company specializing in business transformation, has announced a strategic partnership with InsureMO, a leading Insurance Middleware Platform. This partnership will enable 3i Infotech to broaden its service offerings, integrating InsureMO’s capabilities to modernize and transform insurance providers’ solutions without altering their core systems.

InsureMO’s Digital Middle Office Platform: A Catalyst for Industry Transformation

InsureMO serves as a pivotal digital insurance middle office platform for a diverse range of industry players including insurers, brokers, agents, insurtechs, and startups. The platform’s flexibility allows for a myriad of use cases across different products and channels, empowering insurance carriers to modernize systems and optimize distribution strategies.

See also  Dwarikesh Sugar announces strategic equity share buyback to boost shareholder value

Enhanced Customer Benefits and Operational Efficiencies

The collaboration between 3i Infotech and InsureMO aims to expedite the transformational journey for clients in the insurance sector. Customers stand to benefit from reduced underwriting costs, quicker insurance product rollouts, and streamlined DevOps cycles for microservices and web application development. 3i Infotech’s strong presence in the IT domain combined with InsureMO’s specialized platform will create synergies that deliver tangible results.

Leadership Commentary: Aiming for Transformative Digital Solutions

Rishi Agrawal, CTO of 3i Infotech, commented on the partnership, “As we embark on a new growth phase, collaborating with like-minded partners like InsureMO is crucial. We aim to introduce a groundbreaking digital PaaS solution tailored for enterprises.” Similarly, Anubhav Sharma, Global Head of Alliances at InsureMO, noted, “The digital transformation wave is changing business paradigms. Partnering with 3i Infotech amplifies our mission to make insurance easy and modern.”

See also  Ugar Sugar Works announces Rs 151cr ethanol expansion project

A Comprehensive Suite of Transformative Solutions

Both 3i Infotech and InsureMO have long-standing histories of innovation and excellence. This partnership will bolster InsureMO’s mission to simplify insurance processes, aided by 3i Infotech’s robust suite of services. These services empower the insurance sector to adapt to changing customer expectations, evolving regulatory landscapes, and emerging disruptive models. The partnership will also offer a comprehensive range of solution accelerators and software, enabling efficient process management and faster business transformation.

See also  UK insurtech company Concirrus raises $20m in Series B round

This alliance promises to be a game-changer for the insurance industry, combining 3i Infotech’s decades-long expertise with InsureMO’s specialized capabilities to deliver state-of-the-art solutions.

CATEGORIES
TAGS
Share This