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Product Launched

Coforge Launches Nexa Agentic AI Platform to Industrialize Insurance Operations

Coforge Ltd has announced the launch of its Nexa Agentic AI Platform, a next-generation solution designed to operationalize AI for the global insurance industry. The platform features a marketplace of over 30 AI assets aimed at enhancing productivity across underwriting, claims, and product development without disrupting core legacy systems.

Decorative cardboard illustration of signboard with Insurance title under umbrella in rain on blue background. Stock photo illustrating Coforge's product launched story.
Photo: Monstera Production / Pexels
Key numbers
Market Cap ₹62,831.59 CrMid-cap IT
Revenue Growth YoY 30.51%Quarterly
Net Profit TTM ₹1,555.7 CrFull Year
Day RSI 65.89Neutral/Bullish

Key highlights

  • Introduction of Nexa Agentic AI Platform for P&C, Life & Annuities, and Specialty insurance segments
  • AI-enabled Submission Center designed to increase underwriting capacity by more than 30%
  • Agentic Claims Triaging Center enables more than 35% faster triaging and improved fraud detection
  • Product Rollout Factory streamlines lifecycles to achieve 30% faster launch timelines
  • Core Platform Modernization capability targets a reduction in total cost of ownership by over 30%

The Product — What It Is

The Nexa Agentic AI Platform is a modular business solution engineered to layer AI orchestration on top of existing insurance systems. It utilizes a marketplace of over 30 specialized AI assets and six flagship orchestrators to automate complex workflows. The platform is built around a human-in-the-loop oversight model, ensuring full auditability and measurable outcomes.

Key components include the AI-enabled Submission Center for data extraction and the Agentic State Rollout Factory, which automates rates, forms, and filings across multiple jurisdictions. These tools are designed for brokers, underwriters, and claims adjudicators to improve day-to-day decision-making through insurance-native reasoning.

Commercial Opportunity

  • Enables over 25% faster realization of new revenue by accelerating state-level product launches
  • Reduces manual effort in broker submissions to increase frontline underwriting capacity by 30%
  • Drives operational efficiency with 35% faster claims processing and straight-through processing
  • Provides a repeatable model for entering new markets through the Agentic AI Global Expansion capability
  • Lowers barriers to entry for MGAs and intermediaries through an Insurance-in-a-Box deployment model

Executive Perspective

Nexa Agentic AI platform brings together our AI engineering maturity and deep insurance domain expertise to help clients scale impact with confidence. Purpose-built for the global insurance market across Property & Casualty, Life & Annuities, and Specialty, as well as MGAs and intermediaries, it addresses critical industry challenges through a suite of integrated, production-grade capabilities.

— Rajeev Batra, EVP & Global Practice Head of Insurance, Coforge
Coforge · share price, past month

Strategic Fit

Built on the Coforge One AI platform, Nexa serves as a cornerstone of the company’s insurance go-to-market strategy. It aligns with Coforge's identity as an AI-native engineering services leader by moving beyond experimentation into industrial-scale AI deployment. The platform allows carriers to modernize legacy infrastructure with minimal disruption, stabilizing integrations while automating regression testing.

By tapping into insurance knowledge graphs, the platform progressively deepens its reasoning capabilities across submissions and customer interactions, providing a sustained competitive advantage in a dynamic market while protecting existing technology investments.

Industry Context

The global insurance sector is increasingly adopting agentic AI to solve specialized challenges in underwriting and claims. Traditional automation often struggles with the high degree of regulatory variation across different geographies, making modular and composable AI platforms highly attractive to global carriers. Market trends indicate a shift toward hyperspecialized industry solutions that can decode legacy complexity without the risk of a full core replacement.

Coforge's launch addresses these needs by focusing on measurable business outcomes like lower operating costs and faster cycle times, which are critical for maintaining margins in the current inflationary environment.

Coforge · financial snapshot
Share price₹1461.2
Market capitalisation₹62,831.59 Cr
Revenue (annual)₹16,402.70 Cr
Net profit (annual)₹1,555.70 Cr
Revenue (latest quarter)₹4,450.40 Cr+6.26% vs previous quarter
Net profit (latest quarter)₹612.30 Cr+144.72% vs previous quarter
P/E (TTM)40.39×Sector 22.49×
Promoter holding0%0.00% QoQ
FII holding23.32%Current quarter

Reference market data from a third-party provider, as of the story. Not a valuation or a recommendation.

Source verified

Exchange filing by Coforge Ltd announcing the launch of the Nexa Agentic AI Platform for global insurance operations. Market figures from a third-party data provider.

Read the filing ↗
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