Coforge launches AI platform to help insurance cos modernise operations
This story was originally published at 12:54 IST on 2 June 2026
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NEW DELHI – Coforge Ltd. has launched Nexa Agentic AI Platform, an artificial intelligence-powered platform designed to help insurance companies automate operations, improve efficiency, and accelerate product launches.
The platform is designed for global insurers across property and casualty, life and annuity, and speciality insurance segments, as well as managing general agents and intermediaries. It enables insurers to deploy artificial intelligence capabilities without replacing their existing core systems.
"Built on Coforge One AI platform, Nexa Agentic AI Platform embeds intelligence into core insurance workflows. It provides a marketplace of 30+ insurance AI assets spanning underwriting, claims, product development, customer service, and platform modernisation," the company said in the exchange filing on Tuesday.
The platform offers six key services, including automated underwriting submissions, state-level product rollouts, product development, global market expansion, core platform modernisation, and claims triaging. The company said these capabilities can help insurers improve operational efficiency, reduce cost, and shorten product launch timelines.
The platform can increase underwriting capacity by more than 30% and speed up new market launches by over 25%, Coforge said. The platform can reduce claim processing time by more than 35%, it added.
At 1229 IST, shares of Coforge traded nearly 4% higher at INR 1,518.70 on the National Stock Exchange. For the March quarter, the company had reported net profit of INR 6.12 billion on revenue of INR 44.50 billion. End
IST, or Indian Standard Time, is five-and-a-half hours ahead of GMT
Reported by Gunjan Rajput
Edited by Akul Nishant Akhoury
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