Partnership10 Jun 2025, 06:32 pm
HCLTech Expands Partnership with The Standard to Accelerate AI-led Transformation
AI Summary
HCL Technologies Ltd (HCLTech) has announced an expansion of its partnership with The Standard, a leading provider of financial protection products and services. The expanded partnership aims to deliver AI-driven infrastructure and application services to enhance efficiency, support rapid growth, and improve customer experience. This collaboration will also accelerate The Standard's shift to an IT products and services-based operating model, enabling greater agility and progress toward its long-term digital transformation goals.
Key Highlights
- HCLTech's GenAI-led service transformation platform, Al Force, digital engineering and cloud services will support The Standard's focus on exceptional customer service.
- A Joint Innovation Council and Digital Experience Office have been formed to reinforce The Standard's commitment to innovation and delivering scalable, user-centric experiences.
- The partnership is a testament to HCLTech's commitment to the insurance sector and its investment in AI-led capabilities and innovative talent.
- The Standard has seen accelerated growth through digital transformation and acquisitions, with HCLTech as a key partner in this journey.
- The partnership will further enhance The Standard's offerings in group and individual disability insurance, group life and accidental death and dismemberment insurance, group dental and group vision insurance, absence management and paid family leave services, retirement plans products and services and annuities for employers and individuals.