Hexaware Technologies shares jump 3% on launching new insurance solutions for Google Cloud

Shares of Hexaware Technologies jumped over 3% on Wednesday morning on the launch of two new insurance solutions exclusively developed for Google Cloud. The shares traded at ₹682 apiece on the NSE at 12:12 pm.

Hexaware Technologies has launched two new insurance solutions developed exclusively for Google Cloud. The offerings strengthen the company’s collaboration with Google and reflect a shared focus on accelerating digital transformation through automation, AI, and scalable cloud-native architectures for the insurance industry.

The company’s parametric claims solution automates the full life cycle of parametric insurance claims. The platform integrates data from trusted, real-time sources, including IMD, NOAA, global satellite networks, and Google Earth Engine, for continuous environmental monitoring. Utilising the Agent-to-Agent Protocol, self-governing AI agents autonomously handle trigger detection, data validation, and claims settlement. This framework shortens settlement timelines from weeks to mere hours, providing unprecedented efficiency.

All operational data is unified within Google BigQuery, serving as a robust knowledge fabric that ensures immutable transparency and comprehensive auditability across the entire claims process. The launch forms part of Hexaware’s broader program to develop cloud-first capabilities that support the future of insurance operations.

Hexaware Technologies is a global digital and technology services company with artificial intelligence (AI) at its core, and has a diverse range of customers. It serves customers across the Americas, Europe and Asia-Pacific (including India and the Middle East).