Product Launched Software & Services NSE: COFORGE ·

Coforge Launches Nexa Agentic AI Platform to Industrialize Insurance Operations

NSE Filing 4 min read
Coforge Launches Nexa Agentic AI Platform to Industrialize Insurance Operations

Coforge Ltd — Product Launched · COFORGE

Market Cap

₹62,831.59 Cr

Mid-cap IT

Revenue Growth YoY

30.51%

Quarterly

Net Profit TTM

₹1,555.7 Cr

Full Year

Day RSI

65.89

Neutral/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%

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.

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

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 Ltd — Financial Snapshot

BSE: 532541 · NSE: COFORGE · Software & Services

Current Market Price ₹1461.2 per share
Market Capitalisation ₹62,831.59 Cr BSE Listed
Revenue (Annual) ₹16,402.70 Cr Operating
Net Profit (Annual) ₹1,555.70 Cr Consolidated
P/E Ratio (TTM) 40.39× Sector: 22.49×
Promoter Holding 0% 0.00% QoQ
FII Holding 23.32% Current Qtr

"Nexa Agentic AI platform brings together our AI engineering maturity and deep insurance domain expertise to help clients scale impact with confidence."

— Rajeev Batra, EVP & Global Practice Head of Insurance

Source Verified

Exchange filing by Coforge Ltd announcing the launch of the Nexa Agentic AI Platform for global insurance operations. Financial metrics from Trendlyne.

View Filing