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    L&T Technology Services Partners with Anthropic to Deliver AI-Powered Engineering Intelligence for Products and Manufacturing.

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    ALLEN Students spearhead India’s Historic Victory by winning 4 of 5 Gold Medals at International Physics Olympiad as India Tops 87 Countries.

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    CCI imposes penalty on HP India and its certain resellers for indulging in anti-competitive practices in supply of Supplies products

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    National Conference on “NextGen Administrative & e-Gov Reforms” to be held in Shillong on 13–14 July 2026 .

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    Bandhan Bank Offers Interest on FD Up to 7.95%

    L&T Technology Services Partners with Anthropic to Deliver AI-Powered Engineering Intelligence for Products and Manufacturing.

    L&T Technology Services reports 11.5% YoY growth in Q1FY27.

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    Mis Skin, Bengaluru’s New Doctor-Led Dermatology and Aesthetics Chain, Unveiled at JW Marriott Across Five Bengaluru Locations.

    NYB.AI Featured in NVIDIA GTC Taiwan 2026 Opening Showcase, Marking Milestone in AI-Driven Drug Discovery Collaboration.

    Narayana Health City Performs India’s First Pulsed Field Ablation for Advanced Treatment of Atrial Fibrillation.

    WellSpan Health and Philips Announce Landmark Strategic Alliance, Accelerating Innovation and Research Across Central Pennsylvania and Northern Maryland

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    Samsung Announces World-First Breakthrough in Fainting Prediction With Galaxy Watch.

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    HCLTech delivers robust Q1 led by record deal bookings of $2.4 billion.

    L&T Technology Services Global EI Hackathon Sparks the Next Wave of AI-Native Engineering Solutions .

    KATALYST CONNECT: Chief Minister D.K. Shivakumar Chairs Strategic Meeting with GCC Leaders to Shape Karnataka’s Next Phase of Innovation-Led Growth.

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    ALLEN Students spearhead India’s Historic Victory by winning 4 of 5 Gold Medals at International Physics Olympiad as India Tops 87 Countries.

    A delegation led by Karnataka State Cricket Association (KSCA) President Venkatesh Prasad met Chief Minister D.K. Shivakumar at his official residence.

    Prince Yadav and Ravi Bishnoi replace injured Harshit Rana and Varun Chakaravarthy.

    Shivamogga Yodhas crowned DACCS Maharaja Trophy KSCA T20 champions with four-wicket win over Bengaluru Blasters.

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    Yamaha Music India Launches EAD50 With Acclaimed Drummer Ranjit Barot As Yamaha Artist.

    Actor Dr. Rajkumar’s 97th birthday celebration on April 24th, at 10.30 am in Dr. Rajkumar Punyabhoomi premises of the Sri Kanteerava Studio .

    Doordarshan Chandana has launched an innovative farmers’ reality show named “Raitaratna” (ರೈತರತ್ನ).

    Phoenix Marketcity brings you a legendary live concert by PADMA BHUSHAN KS CHITRA.

    UNDP Goodwill Ambassador and ‘Game of Thrones’ star Nikolaj Coster-Waldau highlights Odisha’s mangrove restoration story in global documentary series

    House of McDowell’s Soda Yaari Jam, India’s Biggest Branded Live IP, Touches down in Kolkata

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    Mis Skin, Bengaluru’s New Doctor-Led Dermatology and Aesthetics Chain, Unveiled at JW Marriott Across Five Bengaluru Locations.

    BlueRose Technologies Launch Worlds First Ever Digital Heirloom – LifeTree.

    Katrina Kaif Is Back as Bonn’s Face – How the Brand Is Turning Her Star Power Into Lasting Brand Equity

    Yamaha Music India Launches EAD50 With Acclaimed Drummer Ranjit Barot As Yamaha Artist.

    ABD’s ICONiQ White Whisky Achieves Highest-Ever Monthly Sales, Over 1 Million Cases in a Month.

    Air India introduces ‘basic’ fare option, expanding customer choice in economy class on domestic travel.

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    L&T Technology Services Partners with Anthropic to Deliver AI-Powered Engineering Intelligence for Products and Manufacturing.

    L&T Technology Services reports 11.5% YoY growth in Q1FY27.

    Syngenta and Groundwork BioAg enter partnership to bring innovation in biologicals and soil carbon solutions to farmers.

    HCLTech delivers robust Q1 led by record deal bookings of $2.4 billion.

    Payoneer Expands India Presence with New Gurugram Innovation Hub.

    Cluster Industrial Locations and Benefits of Private Aviation.

  • National
    • All
    • Economy & Politics
    • Election

    Water supply disruptions in areas covered by Phase 2 of the 4th phase of the Cauvery Water Supply Project

    ALLEN Students spearhead India’s Historic Victory by winning 4 of 5 Gold Medals at International Physics Olympiad as India Tops 87 Countries.

    Mis Skin, Bengaluru’s New Doctor-Led Dermatology and Aesthetics Chain, Unveiled at JW Marriott Across Five Bengaluru Locations.

    CCI imposes penalty on HP India and its certain resellers for indulging in anti-competitive practices in supply of Supplies products

    H.D. Kumaraswamy Inaugurates 84,000 m³ RCC Water Reservoir to Strengthen IISCO’s Expansion and Water Security

    National Conference on “NextGen Administrative & e-Gov Reforms” to be held in Shillong on 13–14 July 2026 .

  • Business

    Bandhan Bank Offers Interest on FD Up to 7.95%

    L&T Technology Services Partners with Anthropic to Deliver AI-Powered Engineering Intelligence for Products and Manufacturing.

    L&T Technology Services reports 11.5% YoY growth in Q1FY27.

  • Health

    Mis Skin, Bengaluru’s New Doctor-Led Dermatology and Aesthetics Chain, Unveiled at JW Marriott Across Five Bengaluru Locations.

    NYB.AI Featured in NVIDIA GTC Taiwan 2026 Opening Showcase, Marking Milestone in AI-Driven Drug Discovery Collaboration.

    Narayana Health City Performs India’s First Pulsed Field Ablation for Advanced Treatment of Atrial Fibrillation.

    WellSpan Health and Philips Announce Landmark Strategic Alliance, Accelerating Innovation and Research Across Central Pennsylvania and Northern Maryland

    Ramaiah Group and University at Albany Launch RISM, India’s First Greenfield Deemed-to-be University Focused on STEM and Management.

    Samsung Announces World-First Breakthrough in Fainting Prediction With Galaxy Watch.

  • Technology
    • All
    • Environment
    • Science

    HCLTech delivers robust Q1 led by record deal bookings of $2.4 billion.

    L&T Technology Services Global EI Hackathon Sparks the Next Wave of AI-Native Engineering Solutions .

    KATALYST CONNECT: Chief Minister D.K. Shivakumar Chairs Strategic Meeting with GCC Leaders to Shape Karnataka’s Next Phase of Innovation-Led Growth.

    OPPO India Elevates Creative Photography with Reno16 Series featuring AI Portrait Camera and AI Remix Collage.

    Global demand for LNG expected to grow by 65% by 2050

    Movate and MelodyArc Announce Applied AI Partnership to Transform CX Operations with AI-Powered Workflow Orchestration

  • Auto

    Tata Motors and UCO Bank partner to strengthen India’s commercial vehicle financing ecosystem.

    Unprecedented Performance: BMW Group India clocks highest-ever H1 sales with +17% growth.

    Relax. We Care. BMW Group India rolls out annual Monsoon Service Campaign.

    Honda Establishes New Subsidiary in Argentina Dedicated to Capital Management Services.

  • Sports

    ALLEN Students spearhead India’s Historic Victory by winning 4 of 5 Gold Medals at International Physics Olympiad as India Tops 87 Countries.

    A delegation led by Karnataka State Cricket Association (KSCA) President Venkatesh Prasad met Chief Minister D.K. Shivakumar at his official residence.

    Prince Yadav and Ravi Bishnoi replace injured Harshit Rana and Varun Chakaravarthy.

    Shivamogga Yodhas crowned DACCS Maharaja Trophy KSCA T20 champions with four-wicket win over Bengaluru Blasters.

  • Entertainment

    Yamaha Music India Launches EAD50 With Acclaimed Drummer Ranjit Barot As Yamaha Artist.

    Actor Dr. Rajkumar’s 97th birthday celebration on April 24th, at 10.30 am in Dr. Rajkumar Punyabhoomi premises of the Sri Kanteerava Studio .

    Doordarshan Chandana has launched an innovative farmers’ reality show named “Raitaratna” (ರೈತರತ್ನ).

    Phoenix Marketcity brings you a legendary live concert by PADMA BHUSHAN KS CHITRA.

    UNDP Goodwill Ambassador and ‘Game of Thrones’ star Nikolaj Coster-Waldau highlights Odisha’s mangrove restoration story in global documentary series

    House of McDowell’s Soda Yaari Jam, India’s Biggest Branded Live IP, Touches down in Kolkata

  • Lifestyle
    • All
    • Food
    • Travel

    Mis Skin, Bengaluru’s New Doctor-Led Dermatology and Aesthetics Chain, Unveiled at JW Marriott Across Five Bengaluru Locations.

    BlueRose Technologies Launch Worlds First Ever Digital Heirloom – LifeTree.

    Katrina Kaif Is Back as Bonn’s Face – How the Brand Is Turning Her Star Power Into Lasting Brand Equity

    Yamaha Music India Launches EAD50 With Acclaimed Drummer Ranjit Barot As Yamaha Artist.

    ABD’s ICONiQ White Whisky Achieves Highest-Ever Monthly Sales, Over 1 Million Cases in a Month.

    Air India introduces ‘basic’ fare option, expanding customer choice in economy class on domestic travel.

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Wipro Invests in Aggne to Strengthen Consulting & Services Capabilities in the Insurance Sector

by FWM
February 14, 2024
in Business
0

Tuesday, February 13, 2024 6:47PM IST (1:17PM GMT)East Brunswick, N.J., Tampa, Fla., United States & Bengaluru, Karnataka, India:
 Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading technology services and consulting company, today announced that it has made a significant investment in Aggne, a leading consulting and managed services company serving insurance and Insurtech industries.
With this investment, Wipro becomes a majority shareholder in Aggne, which brings to Wipro a highly sought-after and unique set of capabilities and Intellectual Property (IP) in the property & casualty (P&C) insurance space. The combined capabilities of Wipro and Aggne will help deliver enhanced value, faster speed-to-market, and differentiated services to clients in the P&C sector.

“Aggne’s unique capabilities will allow us to significantly strengthen our value proposition in a fast-growing part of the insurance sector,” said Ritesh Talapatra, Senior Vice President, Capital Markets and Insurance, Americas 2 Strategic Market Unit, Wipro Limited. “The Aggne team has a deep and well-established experience in the P&C insurance space. Their unique IP and modular approach to implementations significantly accelerate time-to-market, driving faster business outcomes and better client satisfaction. This, combined with Wipro’s deep relationships and global scale, will help us drive significant synergies and uncover new growth opportunities.”

Aggne offers a wide range of services designed to help insurers transform operations, drive new efficiencies, and deliver optimal customer experiences. The company focuses on building industry-changing solutions for the P&C insurance industry, with a commitment to collaborating with clients as partners.

Aggne’s services include IP-led consulting, implementation, and managed services with a strong focus on the Duck Creek platform—a full suite of cloud-based, low-code products that enable P&C insurers to fast-track product development and drive ongoing innovation.

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“We are thrilled to add Aggne’s unique capabilities to our portfolio,” said Harpreet Arora, Senior Vice President and Global Head of Banking, Financial Services and Insurance Domain & Consulting at Wipro Limited. “Their innovative, IP-driven consulting capabilities in the insurance space and premier partnership status on the Duck Creek platform stand out in the marketplace. Combined with our domain expertise, these capabilities will allow us to bring clients a truly end-to-end offering that will help them drive competitive advantage and customer loyalty.”

Mike Jackowski, Chief Executive Officer of Duck Creek Technologies, added, “We are excited about the partnership between Aggne and Wipro. Aggne’s deep expertise and experience in implementing Duck Creek products, combined with Wipro’s scale, insurance industry acumen, and global reach, will greatly benefit our customers. This investment by Wipro brings together the best in two leading firms and will help drive innovation to the insurance industry through the deployment of leading SaaS-based solutions.”

Aggne is a recognized leader and premier partner in the Duck Creek ecosystem. The company is the recipient of the Duck Creek Technologies 2023 Americas Value Creation Partner of the Year award.

“We are excited about the growth opportunities this new partnership creates for our company and our current and future clients,” said Asha Kalidindi, Co-Founder and CEO of Aggne. “Joining forces with Wipro will allow us to reach a larger and global set of clients and deepen our presence in the insurance sector. Further, Wipro’s commitment to talent development will provide our employees with new growth opportunities. With access to Wipro’s scale and deep technical capabilities, as well as investments in artificial intelligence, we will be able to innovate faster, expand our capabilities and build new ones in alignment with evolving industry needs. We look forward to tapping into the potential ahead of us and driving continued growth for our clients.”

Founded in 2019, Aggne is incorporated in the United States and India, with offices in Tampa, Florida, and Hyderabad, India. The company has 230 employees based in India and the United States.

FWM

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