News : HfS Research Ranks Genpact as a Leader in Insurance Services
New York, NY, USA, Dec, 2017 -- HfS Research, an industry analyst firm, has ranked Genpact (NYSE: G), a global professional services firm focused on delivering digital transformation, as a leader among insurance service providers.
The HfS Blueprint Report for Insurance as-a-Service evaluates 16 service providers in the insurance industry, as recognized by client feedback and HfS analysis in terms of market size, trends, and strategic direction, with a specific focus on innovation and execution. Genpact achieved the highest ranking for innovation in the Winner’s Circle, underscoring the company’s success in driving digitally-led innovation and digitally-enabled intelligent operations that deliver business impact for clients’ transformation initiatives.
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"Genpact is one of the forerunners in connecting the dots between advanced digital technology and industry domain context," said Reetika Fleming, research director, Insurance and Analytics, HfS Research. "Genpact is a leader in intelligent automation in the insurance industry, particularly for property and casualty carriers. The service provider has demonstrated how it has started to successfully collaborate with clients to determine which processes to automate, how to integrate technology, and where and when to innovate with new operating and technology models."
The report recognizes Genpact’s ability to deliver end-to-end digital transformation.
"Business models are dramatically changing for insurers, and increasing regulatory scrutiny and rapid technological changes are forcing the industry to adapt quickly," said Sasha Sanyal, business leader, Insurance, Genpact. "Insurance companies are looking for partners – not simply vendors – to help them grow and transform. Our top spot in innovation from HfS reflects Genpact’s continued investment in both advanced technology and domain expertise to drive meaningful impact for our clients."
Posted by Veronica Silva Cusi, news correspondent
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Genpact is a Business process outsourcing (BPO) company in India. It was formerly a GE owned company called GE Capital International Services or GECIS. It operates from India, China, Guatemala, Hungary, México, Morocco, the Philippines, Poland, the Netherlands, Romania, Spain, South Africa, and the United States.
HfS Research is an analyst and global network for IT and business services, with a specific focus on global business services, digital transformation, and outsourcing.
Published: Wednesday, December 27, 2017
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