NEW YORK, Oct. 20, 2021 /PRNewswire/ -- Everest Group,
a leading research firm, has named Genpact (NYSE: G), a global
professional services firm focused on delivering digital
transformation, a Leader and Star Performer in the Everest Group
PEAK Matrix® for Property and Casualty (P&C)
Insurance Business Process Service (BPS) Providers 2021 report.
The report cites Genpact's ability to combine design thinking
principles and lean approaches with digital technologies,
analytics, and domain expertise to run operations across the
insurance value chain. Everest Group highlighted the company's
technical expertise in cloud enablement, investments into
broker-centric solutions, ability to provide robust end-to-end
claims management services, and increased upskilling and reskilling
of talent through Genome, the company's internal collaborative
learning platform, as key strengths.
"Genpact has an acute focus on developing itself as a
transformation partner for clients across the insurance industry –
carriers, and more recently, brokers, reinsurers, and insurtechs,"
said Somya Bhadola, practice director, Insurance Research,
Everest Group. "The company is actively investing in training
and targeted capability building, which has helped Genpact
continually strengthen its positioning and successfully expand
existing relationships. As an experienced BPS player with
well-established domain expertise and multi-shore delivery
capabilities, Genpact is well positioned to enable operational
optimization and transformation for insurance enterprises,
especially in their core actuarial, underwriting, and claims
functions."
The PEAK Matrix is a framework to assess the absolute market
impact and overall capability of service providers. The report
evaluated 22 companies in such areas as vision and strategy,
delivery capabilities, market successes, and limitations.
"Agility and innovation are critical for insurers to build
market share in rapidly evolving, competitive environments," said
Sameer Dewan, global business
leader, Insurance at Genpact. "Our ability to transform and run
the end-to-end insurance value chain helps our clients create the
critical competitive advantage they need at the intersection of
data, analytics, and technology."
For more information, learn about Genpact's insurance
capabilities and read the custom version of the Everest Group
report.
About Genpact
Genpact (NYSE: G) is a global
professional services firm that makes business transformation real.
Led by our purpose -- the relentless pursuit of a world that works
better for people -- we drive digital-led innovation and digitally
enabled intelligent operations for our clients. Guided by our
experience reinventing and running thousands of processes for
hundreds of clients, many of them Global Fortune 500 companies, we
drive real-world transformation at scale. We think with design,
dream in digital, and solve problems with data and analytics.
Combining our expertise in end-to-end operations and our AI-based
platform, Genpact Cora, we focus on the details – all 90,000+ of
us. From New York to New Delhi, and more than 30 countries in
between, we connect every dot, reimagine every process, and
reinvent the ways companies work. We know that reimagining each
step from start to finish creates better business outcomes.
Whatever it is, we'll be there with you – accelerating digital
transformation to create bold, lasting results – because
transformation happens here. Get to know us
at Genpact.com and
on LinkedIn, Twitter, YouTube,
and Facebook.
MEDIA CONTACTS:
Michael Schneider
Genpact Media Relations – Global
+1 (217) 260-5041
michael.schneider@genpact.com
Danielle D'Angelo
Genpact Media Relations – Americas
+1 914-336-7951
danielle.dangelo@genpact.com
Siya Belliappa
Genpact
Media Relations – India
+91 9823133365
siya.belliappa@genpact.com
Anthony Mcdade
Genpact Media Relations – Australia
+61 412 091 010
anthony.mcdade@genpact.com
Judith Schunke
Genpact Media Relations – Europe
+447887661155
judith.schunke@genpact.com
Satoko Hashiba
Genpact Media Relations – Japan
+81 80 4944 3907
satoko.hashiba@genpact.com
View original content to download
multimedia:https://www.prnewswire.com/news-releases/genpact-named-a-leader-and-star-performer-in-everest-groups-property-and-casualty-insurance-peak-matrix-2021-301404463.html
SOURCE Genpact