Coforge launches Nexa Agentic AI platform, shares rise over 2%
Coforge just dropped its new Nexa Agentic AI Platform, aiming to shake up how insurance companies work.
The big news pushed their shares up by over 2% today.
The platform plugs smart AI tools into existing insurance systems, so companies can upgrade things like claims and product launches without spending a fortune on new tech.
Nexa Agentic packs 30+ AI features
Nexa Agentic packs over 30 modular AI features to help with everything from customer service to modernizing old processes.
Some highlights: it boosts underwriting capacity by more than 30%, speeds up product launches by 30%, and makes claims triaging more than 35% faster.
Designed for sectors like Property and Casualty and Life and Annuities, it also keeps human checks in place for compliance.
Coforge is planning even more upgrades, including smarter decision-making tools using insurance knowledge graphs.