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AXA UK&I Selects Cognizant as a Technology Partner to Support part of its IT Operations

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Cognizant has been chosen by AXA UK & Ireland as a technology partner to modernize and manage part of its IT operations. This multi-year agreement focuses on creating a digitally-enabled IT environment to enhance customer experience and reduce costs. Cognizant will provide managed services, cloud migration, and integrated IT services to support the transformation. AXA UK & Ireland aims to improve flexibility and data-driven decision-making through this partnership, which highlights Cognizant's capabilities as a leader in the insurance sector.

Positive
  • Cognizant's selection by AXA UK & Ireland reinforces its reputation as a technology leader in the insurance sector.
  • The partnership involves multi-year managed services and cloud migration, indicating a long-term revenue opportunity.
  • Cognizant is expected to enhance AXA UK's IT operations, leading to improved customer experiences and reduced operational costs.
Negative
  • None.

Cognizant will operate, streamline and digitally enable part of the insurer's legacy IT environment in its UK and Ireland businesses

LONDON, Aug. 3, 2022 /PRNewswire/ -- Cognizant today announced that it has been selected by AXA UK & Ireland as a technology partner to help consolidate, modernize and manage part of its IT operations. AXA UK & Ireland is transforming its technology ecosystem to create a more digitally-enabled, modern and agile IT environment that is data-rich, secure and sustainable with lower overall cost.

Under the new multi-year agreement, Cognizant will provide multi-faceted managed services and cloud migration services, helping AXA UK & Ireland to create a platform to continually improve its customer experience with more intuitive and secure digital channels. Cognizant will provide integrated IT services spanning service desk support and maintenance, end-user computing, application development and maintenance, cloud operations, and IT infrastructure management.

"AXA UK & Ireland's priority is providing customers with the choice and flexibility that meets their insurance needs. The foundation to deliver that is a modern, digital IT infrastructure that enables us to make data-driven business decisions," said Shali Vasudeva, chief operating officer, AXA UK & Ireland. "Cognizant's track record, expertise and behaviors in helping organizations simplify delivery and manage IT environments were the primary factors in choosing them as a technology partner."

"Digitally-enabled IT is critical for delivering better customer experience, bringing innovations to market faster and reducing overall cost," said Rob Walker, president, Global Growth Markets, Cognizant. "We're honored to have been selected by AXA UK & Ireland to help transform their legacy environment and to support them in enabling technology to achieve better business outcomes. This new partnership builds on our strong momentum as a leader in helping global insurance clients meet their ambitions."

Global analyst firms continually recognize Cognizant for its industry leadership across sectors. Analysts highlight the company's client partnerships, scalability, digital capabilities and expertise as key drivers of Cognizant's leadership. Learn more about Cognizant's insurance services here.

About AXA 
For more information on AXA UK & Ireland please visit www.axa.co.uk and www.axa.ie

About Cognizant 
Cognizant (Nasdaq: CTSH) engineers modern businesses. We help our clients modernize technology, reimagine processes and transform experiences so they can stay ahead in our fast-changing world. Together, we're improving everyday life. See how at www.cognizant.com or @cognizant.

For more information, contact:

U.S.

Jodi Sorensen

jodi.sorensen@cognizant.com


Europe / APAC

Christina Schneider

christina.schneider@cognizant.com


India

Rashmi Vasisht

rashmi.vasisht@cognizant.com

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/axa-uki-selects-cognizant-as-a-technology-partner-to-support-part-of-its-it-operations-301599405.html

SOURCE Cognizant

FAQ

What is Cognizant's new partnership with AXA UK & Ireland?

Cognizant has been selected by AXA UK & Ireland to modernize and manage part of its IT operations through a multi-year agreement.

How will Cognizant help AXA UK & Ireland improve its IT operations?

Cognizant will provide managed services and cloud migration to create a more digitally-enabled IT environment for AXA UK & Ireland.

What services will Cognizant provide to AXA UK & Ireland?

Cognizant will offer integrated IT services, including service desk support, end-user computing, cloud operations, and IT infrastructure management.

When was the partnership between Cognizant and AXA UK & Ireland announced?

The partnership was announced on August 3, 2022.

What is the significance of this partnership for Cognizant (CTSH)?

This partnership strengthens Cognizant's position in the insurance sector and presents significant long-term revenue potential.

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