FinTech

Infosys Partners with LIC for NextGen Platform Development under DIVE Initiative

Published September 16, 2024

Infosys Limited INFY, a global leader in next-generation digital services and consulting, has recently entered into an agreement with Life Insurance Corporation of India (LIC). Under the partnership, INFY has been appointed by LIC to design and develop a cutting-edge digital platform that is set to be the cornerstone for a range of high-value business applications. This initiative is part of LIC's strategic Digital Initiatives Velocity Enhancement (DIVE) program, which aims to digitally transform its operations and enhance customer experience.

Enhancing Customer Experience through Digital Transformation

The association of LIC with INFY reflects a significant move towards embracing the digital era, ensuring that LIC's vast customer base benefits from the convenience and efficiency of modern technology. This 'NextGen' platform is anticipated to propel LIC's digital journey, offering a more seamless and personalized experience to its policyholders. The collaboration underscores INFY's commitment to providing top-tier digital consulting and technology services, and reinforces its position as a major player in the global tech industry.

Global Presence and Expertise of Infosys

Based in Bengaluru, India, Infosys Limited INFY extends its operations across various regions including North America, Europe, and India, serving international clients with its expertise in digital consulting, technology, and outsourcing services. With decades of experience in delivering cutting-edge solutions, INFY is well-equipped to guide LIC's transformative digital endeavors, promising a substantial impact on the insurance industry and the broader financial services sector.

Infosys, LIC, Digital