“LIC Unveils DIVE Initiative with Infosys for NextGen Digital Platform”

“LIC Unveils DIVE Initiative with Infosys for NextGen Digital Platform” DIVE would look at a major enhancement of LIC’s digital platform so as to leverage the greatest experience available for its customers, field force, partners, and employees.
LIC has selected Infosys to construct its new state-of-art NextGen Digital Platform which is an integrated end-to-end digital insurance solution to provide excellent Services to its customers, Business lifecycle management and operational activities for sales intermediaries and digital front-end platform for branch employees.
The NextGen Digital Platform will be modular, flexible, cloud-native, and have platform-driven architecture which will enable it to rapidly adopt the latest technologies, new products, and features. The platform will be used as a foundation to craft high-value business applications such as the Customer & Sales Super Apps, Portals, and Digital Branch for LIC.
Siddhartha Mohanty, CEO & MD, LIC, said: “Our vision is to transform LIC into a technology-enabled organisation providing life insurance solutions. We look forward to our partnership with Infosys in creating world-class digital solutions and providing best-in-class experience for all our stakeholders including customers and sales intermediaries.”.
Today we are living in a digitally connected era where customers expect their needs to be met instantly whether during on-boarding or post sales service,” said Mohanty, CEO & MD of LIC. “Technology can help us generate greater insights about our customers and by leveraging India’s advanced digital eco-system to help us serve better.”.