The partnership will bolster cyber resilience for the worldwide insurance coverage trade with multilingual tech assist, and AI primarily based end-to-end cyber safety resolution
New Delhi, September 14, 2023: Tech Mahindra, a number one supplier of digital transformation, consulting, and enterprise re-engineering companies and options, at the moment introduced a strategic partnership with Surance.io, an progressive private cyber insurance coverage platform. The strategic partnership will present worldwide multilingual tech assist and improve cybersecurity options to strengthen safe digital transformation within the insurance coverage sector.
With this partnership, Surance.io will leverage Tech Mahindra’s multilingual assist to speak with their international prospects in additional than 20 languages and supply seamless companies to foster enhanced buyer experiences. The partnership goals to guard insurance coverage prospects by offering round the clock knowledgeable assist, best-in-class name centre companies, superior AI-based risk detection instruments, and customised steering to forestall cyber-attacks.
Vivek Agarwal, President – APJI (Enterprise), Company Improvement, Tech Mahindra, mentioned, “The private cyber insurance coverage market is rising quickly and stays comparatively untapped. This presents a big alternative for us to create a powerful presence on this market. Our providing of complete end-to-end merchandise on this area locations us in a positive place for cross-selling and interesting to new market segments. The partnership with Surance.io will gas the brand new period of cyber safety requirements and steadfast our dedication to digital transformation and innovation throughout the international insurance coverage trade. Collectively, we are going to redefine the benchmark for tech assist excellence and spearhead a world revolution in cyber safety that can set a robust precedent for the complete tech sector and insurance coverage trade.”
With Tech Mahindra’s digital and area experience and Surance.io’s cutting-edge insurance coverage platform, the partnership creates a robust synergy to raise buyer experiences and drive enterprise progress within the quickly evolving cyber insurance coverage panorama. Key companies that insurance coverage prospects can leverage from this partnership embrace safety and restoration for social accounts, units, smartphones, networks and information. The partnership will additional present anti-phishing verification & validation instruments, social account evaluation & safety towards account hijack, Wifi and WAN community risk discovery and prevention plan.
Saar Bar, Co-Founder and CEO of Surance.io, mentioned, “In 2022, cyber-attacks prompted $10.3Bn in monetary injury within the US, in contrast with $2.7Bn in 2018. On the earth of cybersecurity, customers’ end-to-end options are largely ignored and underserved as a consequence of lack of personalised and environment friendly options, well timed responses, and efficient communication. To handle this, with Tech Mahindra’s multilingual experience, Surance.io is able to present seamless companies to a various international clientele. Surance.io can now companion with any insurance coverage firm in virtually any language, making cyber safety accessible to all.”
In 2022, Tech Mahindra acquired 25% of fairness shareholding in Surance.io to assist the worldwide growth within the InsurTech trade. The partnership it’s in keeping with Tech Mahindra’s DigitALL philosophy for complete enterprise transformation because it focuses on investing in rising applied sciences and options that allow digital transformation and meet the evolving wants of insurance coverage prospects.
Surance.io is a groundbreaking private cyber insurance coverage platform. The InsurTech startup affords people an end-to-end resolution that protects their digital lives from cyber-attacks. Surance.io supplies 24/7 cyber knowledgeable assist and works carefully with insurance coverage corporations and guarantee suppliers to make sure complete protection. Surance.io is devoted to innovation and prioritises buyer wants, aiming to rework the way in which people are safeguarded within the digital period.
About Tech Mahindra
Tech Mahindra affords progressive and customer-centric digital experiences, enabling enterprises, associates, and society to Rise for a extra equal world, future readiness, and worth creation. It’s a USD 6.5+ billion organisation with 148k+ professionals throughout 90 international locations serving to 1250+ international prospects, together with Fortune 500 corporations. It’s targeted on leveraging next-generation applied sciences together with 5G, Metaverse, Blockchain, Quantum Computing, Cybersecurity, Synthetic Intelligence, and extra, to allow end-to-end digital transformation for international prospects. It’s the solely Indian firm on the earth to obtain the HRH The Prince of Wales’ Terra Carta Seal for its dedication to making a sustainable future. It’s the quickest rising model globally in ‘model worth rank’ and among the many prime 7 IT manufacturers globally in model power with AA+ score. With its NXT.NOWTM framework, Tech Mahindra goals to boost ‘Human Centric Expertise’ for its ecosystem and drive collaborative disruption with synergies arising from a strong portfolio of corporations. It goals at delivering tomorrow’s experiences at the moment and believes that the ‘Future is Now’.
Tech Mahindra is a part of the Mahindra Group, based in 1945, one of many largest and most admired multinational federations of corporations with 260,000 staff in over 100 international locations. It enjoys a management place in farm gear, utility autos, info expertise, and monetary companies in India and is the world’s largest tractor firm by quantity. It has a powerful presence in renewable power, agriculture, logistics, hospitality, and actual property. The Mahindra Group has a transparent deal with main ESG globally, enabling rural prosperity and enhancing city dwelling, with a aim to drive optimistic change within the lives of communities and stakeholders to allow them to Rise.
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