Sunday, May 31, 2026

Datamatics shares rise as SBI Life implements its TruAI Underwriting Agentic AI solution

Date:

Shares of Datamatics Global Services Ltd. gained up to 3% on Wednesday, May 27, after the company said SBI Life Insurance has appointed it to redefine underwriting operations using Agentic AI-powered automation.Underwriting is a mission-critical function for life insurers, particularly for complex cases that require detailed analysis of medical histories, laboratory reports and multiple risk indicators, the company said.

SBI Life has implemented Datamatics’ TruAI Underwriting solution, powered by Agentic AI, it said. The platform is designed to assist underwriters in handling complex medical underwriting cases with greater speed, consistency and insight.
Datamatics said TruAI Underwriting ingests and analyses documents such as medical reports, declarations and laboratory results, extracting key medical parameters and highlighting potential risk indicators. It generates a consolidated digital case summary and provides intelligent decision support, drawing on underwriting rules and historical outcomes, it said.The system has self-learning capabilities and continuously enhances risk evaluation over time, while the final decision authority remains with human underwriters to ensure governance, accountability and regulatory compliance, Datamatics said.

“At Datamatics, we are making strategic investments in AI, and Agentic AI to solve complex enterprise problems. Solutions like TruAI Underwriting demonstrate how these investments are translating into tangible business impact for our customers,” Rahul Kanodia, vice-chairman and CEO of Datamatics, said.

Datamatics shares were trading 2.9% higher at ₹788 apiece at 12.05 pm on Wednesday. The stock has gained 9% in the past month.

Also Read: Zen Technologies jumps 6% on launch of India’s first AI-powered Smart Border Suite

Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Iran restores South Pars gas production following Israeli air strikes

Touraj Dehqani, CEO of Pars Oil and Gas Company,...

Israeli forces make historic push inside Lebanon and complicate an Iran deal

Israeli forces are making their deepest incursion inside Lebanon...

Atal Pension Yojana: How can you withdraw my account? What happens on payment defaults — Check FAQs

अटल पेंशन योजना (एपीवाई) सभी भारतीयों के लिए एक...

Zee Ent shares surge 12% after co says it is in talks with FIFA to broadcast upcoming world cup in India

Shares of Zee Entertainment Enterprises Ltd. gained nearly 12%...