• Download mobile app
25 Jul 2024, Edition - 3299, Thursday

Trending Now

  • No State was left out. Because the names of the States were not mentioned in the budget, it does not mean they were not considered: Finance Minister Nirmala Seetharaman
  • Vijay’s party, TVK ‘s first Manadu is likely to be held in Trichy.
  • If TN’s name should have come in the budget then the NDA should have got 25 MPs in the State: Anbumani Ramdoss

Businesswire

WNS Launches Blockchain-based VeriChain to Transform Risk Syndication in Insurance

by businesswireindia.com

Share
Business Wire India
WNS (Holdings) Limited (NYSE: WNS), a leading provider of global Business Process Management (BPM) services, today announced the launch of its blockchain-enabled risk syndication solution, WNS VeriChain. Powered by IBM Hyperledger, the solution addresses complexities and challenges in the syndicated insurance market.

Underpinned by deep domain expertise in the Insurance and Re-insurance industry, WNS’ VeriChain leverages decentralized ledger technology to enable specialty insurers to execute secure transactions in a multi-party ecosystem. It offers a “single view of truth” for all stakeholders in the syndicate including brokers, carriers, and customers, helping drive increased transparency and cooperation thus overcoming disputes and eliminating the need for post facto reconciliations. WNS VeriChain offers end-to-end digitization enabling brokers and carriers improve efficiency and profitability, while enhancing the end-customer experience.  
 
“At WNS, we are focused on leveraging emerging technologies like Blockchain to offer state-of-the-art digital solutions that address critical business challenges faced by our clients.  WNS will continue to make strategic investments in new-age technologies with a goal of “co-creating” solutions designed to help our clients transform their businesses and create competitive advantage in their respective markets,” said Keshav R. Murugesh, Group CEO, WNS.
 
WNS is a trusted partner to more than 30 insurance and re-insurance clients, providing end-to-end solutions across the entire insurance value chain. We are conceptualizing and developing state-of-the-art, innovative business models helping disrupt today’s insurance industry.  Our digital solutions powered by deep domain expertise, technology and automation, and advanced analytics are helping clients drive true business transformation. 
Source: Businesswire
COIMBATORE WEATHER