Coforge partners with Solstice Innovations to provide modernised AI platform for P&C insurers

Shares of Coforge Ltd. gained nearly 3% on Thursday, April 2, after the company said it has partnered with Solstice Innovations to redefine property and casualty (P&C) insurance modernization via agentic AI.As per this agreement, Coforge will establish a dedicated Centre of Excellence, powered by its Forge-X AI platform, enabling faster, more intelligent client onboarding, system integration, migration, quality engineering, and business process transformation for Solstice and its customers, the company said.

Coforge said Solstice’s agentic Equinox platform defines the destination as a modern, intelligent core system that transforms how intsurers operate, leverage, interface with and pay for the technology products, the company said.
Together, the two platforms provide an end-to-end modernisation proposition that is both technically differentiated and commercially compelling for P&C insurers across multiple lines of business, the company said.Coforge Forge-X will serve as the primary accelerator for moving Solstice’s prospective and existing clients from legacy environments on to the Equinox platform with greater speed, lower risk and measurably reduced implementation cost, the company said.

“By combining the agentic AI power of Equinox and our Forge-X platform, we are fundamentally changing the economics and speed of core system transformation,” Rajeev Batra, Coforge’s global insurance practice head, said.

Coforge shares were up 2.7% at ₹1,185.1 apiece at 1 pm on Thursday. The stock has declined 28.4% this year, so far.

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