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Infosys has been selected by LIC to develop its NextGen digital insurance platform project

Published on September 18, 2024
Current Context: Infosys was selected by LIC to develop the NextGen digital insurance platform on September 16, 2024.
Infosys has been selected by LIC to develop its NextGen digital insurance platform project
  • Objective: The project aims to modernize LIC’s digital infrastructure, enhancing customer experience, operational efficiency, and overall service delivery.
  • Development Locations: Infosys will be working on this project from its development centers in India, including major hubs like Bengaluru, Pune, and Hyderabad.
  • Technological Focus:
    • Cloud Computing: Leveraging cloud technologies to ensure scalability and flexibility.
    • Artificial Intelligence (AI) and Machine Learning (ML): Implementing AI and ML for predictive analytics, personalized customer interactions, and fraud detection.
    • Blockchain: Utilizing blockchain for secure and transparent transactions.
    • Data Analytics: Enhancing data analytics capabilities to provide better insights and decision-making.

Question:

1 Which company was selected by LIC to develop the NextGen digital insurance platform?

  • A) Tata Consultancy Services
  • B) Wipro
  • C) Infosys
  • D) HCL Technologies
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