Coforge, a leading global AI-native engineering services company, has announced a strategic partnership with Solstice Innovations, Inc. to drive the modernisation of property and casualty (P&C) insurance through agentic AI. This collaboration aims to accelerate the adoption of modern core insurance technology for P&C insurers.
Under the agreement, Coforge will establish a dedicated Centre of Excellence (CoE) powered by its Forge-X AI platform. This initiative is designed to facilitate faster and more intelligent client onboarding, system integration, migration, quality engineering, and business process transformation for Solstice and its customers.
The partnership between Coforge and Solstice combines two AI-native capabilities to redefine P&C insurance modernisation. Solstice's Equinox™ platform serves as a modern, intelligent core system that transforms how insurers operate, interface with, and pay for their technology products. Meanwhile, Coforge's Forge-X platform acts as an AI-driven delivery engine, enabling insurers to transition to modern systems with greater speed and confidence.
Rajeev Batra, Global Insurance Practice Head at Coforge, stated, "The partnership between Coforge and Solstice marks a defining moment for P&C insurance modernisation. By combining the agentic AI power of Equinox with our Forge-X platform, we are fundamentally changing the economics and speed of core system transformation."
Travis Pine, Co-Founder and CEO of Solstice Innovations, added, "Combining Equinox's modern AI-leveraged architectural capabilities and Coforge's Forge-X platform, we are offering insurers something the market has never seen before: a truly end-to-end intelligent modernisation experience."
The Solstice Equinox platform integrates policy, billing, claims, and agency management into a single configurable environment, allowing insurers to quickly launch new products and reduce compliance and integration costs. Its flexibility across various P&C lines, including NFIP flood and homeowners, positions Solstice as a leading core platform technology provider in the insurance market.
Coforge's Forge-X platform is an integrated engineering and delivery platform built on Agentic AI principles, transforming software delivery. It uses autonomous AI agents and Coforge's engineering expertise to deliver complex technology transformations at scale, ensuring precision and agility across product development initiatives.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).