TLDR:
- Shriram General Insurance partners with SAS for technology modernization.
- SAS Viya chosen to address current needs and provide foundation for future growth.
Shriram General Insurance (SGI) has partnered with SAS, a leader in analytics and AI solutions, to drive technology modernization within the insurance sector. To keep pace with technological advancements, SGI identified key areas where modernization was crucial, including managing analytical workloads, meeting regulatory reporting requirements, and enhancing actuarial analytics. SAS Viya was chosen as the AI & analytics platform to address these challenges across multiple domains. The platform will streamline processes, ensure compliance with regulatory bodies, and enable data-driven insights for risk assessment and policy issuance.
CEO of Shriram General Insurance, Anil Kumar Aggarwal, emphasizes the importance of staying ahead in technology, while Noshin Kagalwalla, VP & Managing Director at SAS India, highlights the capabilities of SAS Viya to empower SGI in the dynamic insurance landscape. With this strategic partnership, SGI aims to unlock new opportunities for growth and differentiation through advanced analytics and AI capabilities.