Shares of Hexaware Technologies Ltd gained over 3% in morning trade on Wednesday, November 12, after the company announced the launch of two new insurance solutions in collaboration with Google Cloud.

In a filing to the stock exchanges, the company said that its advanced insurance solutions have been designed specifically for Google Cloud. The new solutions bolster the company’s partnership with Google and highlight their mutual commitment to driving digital transformation in the insurance sector with the help of automation, artificial intelligence, and scalable cloud-native architectures.

The global provider of IT solutions and services, Hexaware Technologies, has rolled out an advanced parametric claims solution that completely automates every stage of the insurance claims process.

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