LTIMindtree inks partnership with Duck Creek and Microsoft to build cloud migration solution for insurers

27 Jan 2023 , 12:42 PM

LTIMindtree has announced the partnership with Duck Creek Technologies, the intelligent solutions provider and Microsoft to build a solution that will enable insurers to migrate their on-premises core systems to the cloud in a quick and efficient manner.

The solution brings together LTIMindtree’s core modernization expertise, migration tools, and accelerators, Duck Creek’s industry-leading software-as-a-service (SaaS) platform ‘Duck Creek OnDemand’, and Microsoft’s comprehensive and secure Azure cloud platform, the company said.

It will help insurers gain competitive advantage by delivering superior customer experience, innovation, cost-efficiency, and revenue growth. 

LTIMindtree’s comprehensive end-to-end cloud migration framework and remediation bots empower insurers to fully harness the agility and power of Duck Creek OnDemand to achieve predictable outcomes and transform their businesses. 

Mukund Rao, Chief Business Officer for Banking, Financial Services and Insurance at LTIMindtree said, “Insurers of all sizes are increasingly looking to tap into SaaS-based core systems to boost their ability to launch new products, reach new customers, and provide differentiated experiences.”

He further added, “Our solution will help them take a holistic approach to ‘core-to-experience’ transformation for thriving in the marketplace of the future.” 

At around 10:23 AM, LTIMindtree was trading at Rs4409.20 per share lower by 0.61% on the BSE.

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