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Coforge shares gains 5% on launch of AI platform for global insurance
Coforge Limited shares surged 5.19% to ₹1,537 on Tuesday after the Greater Noida-based IT firm announced the launch of Nexa Agentic AI Platform.
TL;DRAI
Coforge launches Nexa agentic AI platform for insurance with 30+ assets, delivering 30-35% improvements in underwriting and claims; stock +5.19%. Insurance-in-a-Box modularity signals enterprise preference for AI-orchestration layers enhancing legacy systems—critical CTO signal for governance, compliance, and avoiding monolithic replacement.
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