On December 12, 2024, Coforge’s share price traded 2.97% higher at ₹9,263.05 at 11:20 AM on the NSE. The stock opened at ₹9,058, higher than the previous close of ₹8,996.20, and hit a fresh 52-week high of ₹9,351 during early trade.
Earlier this week, Coforge announced a partnership with ACORD Solutions Group to modernise the global insurance industry.
As part of the Licensed Integrator Partner program, Coforge will use ACORD’s advanced technologies, such as the Transcriber Intelligent Document Processing solution and the ADEPT cloud platform, to automate data exchange across brokers, insurers, and reinsurers.
This collaboration aims to streamline insurance processes, supporting the London Market’s ‘Blueprint Two’ initiative.
The partnership strengthens Coforge’s position as a leader in core transformation, empowering clients with AI-powered tools for digitising insurance documents and improving efficiency in data exchange.
Coforge is a global digital services and solutions provider, that leverages emerging
technologies and deep domain expertise to deliver real-world business impact for its clients. A focus on select industries, a deep domain understanding of the underlying processes of those industries and partnerships with leading technology platforms enables us to be a trusted partner of our clients in their transformation initiatives.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.
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