Infosys joins Guidewire PartnerConnect as a Consulting alliance member; Stock surges

21 Feb 2022 , 11:18 AM

Infosys stock traded higher on Monday after joining  Guidewire PartnerConnect as a Consulting alliance member at the Select level for the Americas. With over four decades of experience in navigating enterprises in over 50 countries through their digital journey, Infosys has proven consulting and implementation expertise in Guidewire’s suite of products.

Leveraging its deep P&C insurance experience and innovation platforms, Infosys accelerates implementation cycles and time to value.

“Infosys is thrilled to be a Guidewire partner and to work with the company to continue to deliver powerful end-to-end technology solutions in Guidewire Cloud to insurers that enhance the user experience and drive operational excellence. We recognize Guidewire’s ambitious roadmap for Guidewire Cloud Platform and the opportunities this will bring to insurers,” said Mohit Joshi, President, Infosys. “Our 40+ years of experience managing the systems and workings of global enterprises combined with our artificial intelligence-based automation and technology enables us to expertly guide our clients through their digital journey.”

The company’s Guidewire practice provides cloud and system integration services for Guidewire InsuranceSuite products, factoring in the complexities of seamless syncing with other digital portals, and third-party applications. Infosys intends to continue the expansion of its Guidewire Center of Excellence, which includes insurance domain experts and Guidewire-certified professionals, through investment in training and certification.

At around 11.17 am, Infosys was trading at Rs1713 per piece up by Rs5.90 or 0.4% on BSE. The stock was near the day’s high of Rs1715 per piece.