WNS Recognized as a ‘Leader’ in Insurance Intermediary Services by Everest Group
25 Juni 2024 - 2:00PM
Business Wire
WNS (Holdings) Limited (NYSE: WNS), a leading provider of global
digital-led Business Process Management (BPM) solutions, today
announced that it has been recognized as a ‘Leader’ among Insurance
Intermediaries in Everest Group’s PEAK Matrix® 2024. ‘Leaders’ are
identified by their vision and capability to deliver services and
ability to create market impact.
The insurance intermediary segment, which includes agents,
brokers, and Managing General Agents (MGAs), serves as a crucial
link between insurance companies and end consumers. These firms
offer a wide range of solutions from risk placement to enhancing
customer experiences.
Everest Group’s report highlights how WNS’ domain-led digital
solutions, including Unified Analytics Platform (UAP), Digital
Workbench, and WNS InVog (Insurance-in-a-Box), have enabled it to
secure new client wins and achieve double digit growth.
Additionally, WNS’ strategic investments into proprietary solutions
such as SKENSE and strong strategic technology partnerships for
InsurTechs were cited as key differentiators. The report also notes
WNS’ leadership position in the UK and Europe markets, and its
ability to deliver business transformation for members of the
Lloyd’s of London market.
“Insurance intermediaries are increasingly seen as strategic
advisors who can leverage data-driven insights to aid clients in
proactive risk management. WNS’ domain expertise and focus on
digital transformation solutions have helped clients enhance
operations and positively influence customer experiences in a
highly volatile and regulated market. Our ability to co-create
technology-led, outcome-based, market-differentiated solutions has
enabled us to deliver exceptional business value for our clients,”
said Keshav R. Murugesh, Group CEO, WNS.
“Within the context of dynamic market fluctuations driven by
heightened interest rates and economic ambiguity, insurance
intermediaries have increasingly turned to Business Process
Services (BPS) providers to mitigate escalating operational
expenses. WNS is increasingly being favored as a BPS provider for
intermediaries, attributed to its proactive methodology, precision,
and transformative foresight, aimed at achieving operational
excellence within the intermediary sector,” said Sahil Chaudhary,
Practice Director, Everest Group. “Additionally, WNS has fortified
its capabilities through strategic alliances with several InsurTech
enterprises, thereby emerging as a Leader in Everest Group
Insurance Intermediaries Services PEAK Matrix Assessment 2024.”
WNS offers a full suite of digital-first services to over 65
global insurance clients, leveraging deep domain knowledge, unique
technology accelerators, strategic InsurTech partnerships, advanced
analytics, and digital transformation solutions to innovate and
transform operations for insurers. WNS has established an office in
Lloyd’s, which is a first for any business transformation and
services company and has been co-creating unique solutions for
insurance intermediaries in the Lloyd’s Market. WNS’ transformative
offerings for insurance intermediaries include InVog
(Insurance-in-a-Box), outcome-based flexible delivery models, a
comprehensive suite of proprietary offerings coupled with strategic
partnerships, and a growing array of Gen AI solutions.
About WNS
WNS (Holdings) Limited (NYSE: WNS) is a leading Business Process
Management (BPM) company. WNS combines deep industry knowledge with
technology, analytics, and process expertise to co-create
innovative, digitally led transformational solutions with over 600
clients across various industries. WNS delivers an entire spectrum
of BPM solutions including industry-specific offerings, customer
experience services, finance and accounting, human resources,
procurement, and research and analytics to re-imagine the digital
future of businesses. As of March 31, 2024, WNS had 60,125
professionals across 65 delivery centers worldwide including
facilities in Canada, China, Costa Rica, India, Malaysia, the
Philippines, Poland, Romania, South Africa, Sri Lanka, Turkey, the
United Kingdom, and the United States.
For more information, visit www.wns.com or follow us on
Facebook, Twitter, LinkedIn, and Instagram.
Safe Harbor Provision
This document includes information which may constitute
forward-looking statements made pursuant to the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995,
the accuracy of which are necessarily subject to risks,
uncertainties, and assumptions as to future events. Factors that
could cause actual results to differ materially from those
expressed or implied are discussed in our most recent Form 20-F and
other filings with the Securities and Exchange Commission. WNS
undertakes no obligation to update or revise any forward-looking
statements, whether as a result of new information, future events,
or otherwise.
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version on businesswire.com: https://www.businesswire.com/news/home/20240620833248/en/
Investors: David Mackey EVP – Finance & Head
of Investor Relations WNS (Holdings) Limited +1 (646) 908-2615
david.mackey@wns.com
Media: Archana Raghuram EVP & Global Head –
Marketing & Communications WNS (Holdings) Limited +91 (22) 4095
2397 archana.raghuram@wns.com; pr@wns.com
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