Published On:May 22 2024
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Coforge to Launch Copilot Innovation Hub in Partnership with Microsoft

Coforge Limited, a digital services and solutions provider, is partnering with Microsoft to establish the Coforge Copilot Innovation Hub. This new initiative will introduce two new copilots: Underwriter Copilot for insurance carriers and Advisor Copilot for financial services organizations.

Coforge claims that the Underwriter Copilot will boost the productivity and efficiency of insurance carriers by 30-35%, while the Advisor Copilot is expected to increase the productivity of financial advisors and asset managers by more than 30%. These copilots leverage Microsoft’s generative AI products and technologies to automate manual tasks, enhance decision-making through data-driven recommendations, and streamline business processes to improve operational efficiency.

The Innovation Hub will focus on developing industry-specific generative AI solutions, integrating them with Microsoft's generative AI products and technologies, including Microsoft Azure OpenAI Service, Microsoft Power Platform, and Microsoft Copilot.

“Coforge is capitalizing on its deep industry expertise and customer partnerships to build industry-specific generative AI solutions on the Microsoft platform, driving transformation and enhancing productivity,” said Sudhir Singh, Executive Director & CEO of Coforge. “This collaboration with Microsoft will accelerate our efforts to deliver industry-leading generative AI solutions to our customers. We are introducing two new copilots: Underwriter Copilot for insurance carriers and Advisor Copilot for financial services organizations.”

David Smith, Vice President of WW Channel Sales at Microsoft, stated, “The Coforge Copilot Innovation Hub is a testament to our joint commitment to transform and scale organizational capabilities of financial services organizations worldwide. According to the 2024 Work Trend Index Annual Report, the use of generative AI has nearly doubled in the last six months, with 75% of people using AI at work. Together, Coforge and Microsoft are committed to leading the way in AI adoption, driving innovation, and unlocking business value for enterprises globally.”

HBL





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