Coforge Limited has launched the Nexa Agentic AI Platform, a next generation insurance business platform designed for the global insurance industry. The AI-native platform helps insurers operationalize AI across their operations without disrupting existing systems.
The platform layers AI orchestration on top of existing insurance platforms rather than replacing incumbent systems. Its orchestration agents are modular and composable, allowing carriers to adopt targeted capabilities or deploy the full suite through an Insurance-in-a-Box model. Built on the Coforge One AI platform, Nexa provides a marketplace of 30-plus insurance AI assets spanning underwriting, claims, product development, customer service, and platform modernization.
The platform introduces six flagship orchestrators for the insurance value chain. The AI-enabled Submission Center increases underwriting capacity by more than 30 percent. The Agentic State Rollout Factory automates rates, forms, and filings, enabling more than 25 percent faster realization of new revenue. The AI-enabled Product Rollout Factory enables 30 percent faster launch timelines.
The Agentic AI Global Expansion capability provides a model for entering new markets without rebuilding configurations for each geography. The Core Platform Modernization capability reduces total cost of ownership by more than 30 percent. The Agentic Claims Triaging Center automates intake, triage, and routing, delivering more than 35 percent faster triaging.
Rajeev Batra, EVP and Global Practice Head of Insurance at Coforge, said the platform brings together the company's AI engineering maturity and deep insurance domain expertise to help clients scale impact. Nexa Agentic AI Platform will serve as a cornerstone of Coforge's insurance go-to-market strategy, enabling clients to scale AI adoption while keeping current investments intact.
Disclaimer: This article is based on company filings submitted to the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE) and is for informational purposes only. It does not constitute investment advice or a recommendation. Investors should conduct their own research and consult a qualified financial advisor before making investment decisions.