WNS (Holdings) Limited (NYSE: WNS), a digital-led business
transformation and services partner, today announced that it has
been recognized as a ‘Leader’ across multiple service lines in
ISG’s 2024 Provider LensTM Insurance Services Quadrant Report. The
reports highlight WNS’ differentiated capabilities in Property and
Casualty (P&C) Insurance BPO Services, Life and Retirement
(L&R) Insurance BPO Services, and L&R Insurance TPA
Services in North America, Europe, and Australia/New Zealand.
ISG highlights WNS’ broad-based strength in P&C, including
the company’s deep industry expertise, comprehensive suite of
solutions, innovative engagement models, and digital footprint. WNS
was also praised for its ability to service unique markets
including Lloyd’s of London, speciality insurance, and
Australia/New Zealand. ISG also noted WNS’ advanced analytics and
digital capabilities, including the company’s Unified Analytics
Platform that drives cost optimization, fraud detection, and
superior customer experience; its innovative
subrogation-as-a-service solution which reduces payment leakage;
and its Digital Workbench which leverages hyperautomation to
streamline underwriting.
In L&R, WNS’ digital-first solutions, transformative
approach, and global expertise were identified as key strengths.
ISG cites WNS’ platform-based, integrated business process
management-as-a-service model for insurers as a key sustainable
advantage and differentiator for the company, able to mitigate
risk, reduce indemnity costs, lower service expenses, and enhance
the overall customer experience. ISG also recognized WNS’ Actuarial
CoE as uniquely positioned to offer a comprehensive range of
complex actuarial services.
For its L&R TPA clients, ISG highlighted WNS’ digital-first
services leveraging exceptional talent, cutting edge analytics, AI
and ML capabilities, and transformative approach as key
differentiators. The report also notes WNS’ digital and agile
ecosystem, pioneering BPaaS model, secure infrastructure, and
outcome-based commercial models that drive business success.
“WNS’ unequivocal commitment to delivering transformative
solutions, driven by a domain-led, digital-first approach, has
allowed us to create sustainable and significant value for our
clients. Our extensive global insurance expertise across both
service lines and geographies, combined with state-of-the-art
technology-enabled offerings including AI and Gen AI, enable us to
collaborate with clients to deliver innovative and cost-effective
solutions,” said Keshav R. Murugesh, Group CEO, WNS.
"WNS has consistently demonstrated its ability to leverage
advanced analytics and technology-driven solutions to enhance
operational efficiency and drive transformative outcomes for its
insurance clients. The firm’s commitment to innovation, coupled
with its deep insurance industry expertise, positions it as a
trusted firm in navigating the complexities of today’s uncertain
and ever-changing business landscape. As WNS continues to evolve
and adapt, it remains well-equipped to meet the dynamic needs of
its insurance clients and capitalize on emerging opportunities in
the global insurance market,” said Sandhya Hari Navage, Lead
Research Specialist, ISG and Ashish Jhajharia, Lead Analyst,
ISG.
WNS works with more than 70 global insurers, re-insurers,
brokers, and InsurTech companies to accelerate digital
transformation. We annually manage over 30 million claims
transactions, more than $13 Billion in claims spend, and over 10
million underwriting transactions. Our deep industry knowledge,
leading-edge technology and analytical solutions, and integrated
digital operating models help insurers scale faster and respond to
changing market conditions. Our digital-first insurance solutions
improve risk mitigation, reduce indemnity spending, lower cost of
service and enable superior customer experience.
About WNS
WNS (Holdings) Limited (NYSE: WNS) is a digital-led business
transformation and services partner. WNS combines deep domain
expertise with talent, technology, and AI to co-create innovative
solutions for over 600 clients across various industries. WNS
delivers an entire spectrum of solutions including
industry-specific offerings, customer experience services, finance
and accounting, human resources, procurement, and research and
analytics to re-imagine the digital future of businesses. As of
December 31, 2024, WNS had 63,390 professionals across 66 delivery
centers worldwide including facilities in Canada, China, Costa
Rica, India, Malaysia, the Philippines, Poland, Romania, South
Africa, Sri Lanka, Turkey, the United Kingdom, and the United
States. For more information, visit www.wns.com
For more information, visit www.wns.com or follow us on
Facebook, Twitter, LinkedIn, and Instagram.
Safe Harbor Provision
This document includes information which may constitute
forward-looking statements made pursuant to the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995,
the accuracy of which are necessarily subject to risks,
uncertainties, and assumptions as to future events. Factors that
could cause actual results to differ materially from those
expressed or implied are discussed in our most recent Form 20-F and
other filings with the Securities and Exchange Commission. WNS
undertakes no obligation to update or revise any forward-looking
statements, whether as a result of new information, future events,
or otherwise.
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version on businesswire.com: https://www.businesswire.com/news/home/20250217924056/en/
Investors:
David Mackey EVP – Finance & Head of Investor
Relations WNS (Holdings) Limited +1 (646) 908-2615
david.mackey@wns.com
Media:
Archana Raghuram EVP & Global Head – Marketing &
Communications WNS (Holdings) Limited +91 (22) 4095 2397
archana.raghuram@wns.com; pr@wns.com
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