Birlasoft Ltd, part of the USD 2.4 billion diversified, The CK Birla Group, and Bond-Pro, the leading provider of Surety and Specialty Insurance software products, announced today the execution of an agreement to provide a variety of services to Sureties, who have opted to license Bond-Pro® Enterprise Next Gen®. This includes business process transformation consulting and strategy, data migration, integrations, training, testing, and quality assurance services.
“Birlasoft continues to innovate with vertical-specific solutions. Upon discovery of this niche specialty line of insurance, we identified an unfilled demand for Surety technology implementation expertise,” said Milind Sathe, Head of the Insurance Vertical, Birlasoft. “Bond-Pro is the clear leader in the Surety Technology space, and we are thrilled to partner with them. Birlasoft looks forward to addressing an obvious gap in the market and assisting Sureties of all sizes through successful implementation of the Bond-Pro® Enterprise Next Gen® software platform.”
“We are very excited that Birlasoft has joined the Bond-Pro Partner Ecosystem. Bond-Pro was seeking partnership with a systems integrator who had experience working with large insurers, and offered accelerated solutions with a proven track record of working collaboratively with organizations of all sizes,” said Jeffrey York, Executive Vice-President of Business Development, Bond-Pro. “Our relationship with Birlasoft provides mutual clients another trusted implementation partner who is committed to Surety and offers an agile approach to successfully implementing Bond-Pro.”
Recently, Birlasoft was named a Top 15 Sourcing Standout by the Information Services Group (ISG), a global technology research and advisory firm. The company received an Oracle Excellence Award in the Emerging Technologies category, and was also recognized with the “Companies with Great Managers™” award by the People Business Initiative and The Economic Times.
Bond-Pro is the developer and publisher of Bond-Pro® Enterprise Next Gen®, the leading Surety automation and management software utilized by hundreds of agencies and dozens of Surety carriers worldwide. It drives greater premiums, improves underwriting efficiency, reduces costs, and mitigates risk. Bond-Pro’s enterprise products and services enable Surety professionals to fully computerize and effectively manage the entire Surety life cycle including, Accounts, Jobs, Bonds, and Claims. For more information, please call (813) 413-7576 or visit www.bond-pro.com.
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Birlasoft combines the power of domain, enterprise, and digital technologies to reimagine business processes for customers and their ecosystem. Its consultative and design thinking approach makes societies more productive by helping customers run businesses. As part of the multibillion-dollar diversified The CK Birla Group, Birlasoft with its 10,000+ engineers, is committed to continuing our 158-year heritage of building sustainable communities. For more information, visit www.birlasoft.com.
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Some of the statements in this update that are not historical facts are forward-looking statements. These forward-looking statements include our financial and growth projections as well as statements concerning our plans, strategies, intentions and beliefs concerning our business and the markets in which we operate. These statements are based on information currently available to us, and we assume no obligation to update these statements as circumstances change. There are risks and uncertainties that could cause actual events to differ materially from these forward-looking statements. These risks include, but are not limited to, the level of market demand for our services, the highly-competitive market for the types of services that we offer, market conditions that could cause our customers to reduce their spending for our services, our ability to create, acquire and build new businesses and to grow our existing businesses, our ability to attract and retain qualified personnel, currency fluctuations and market conditions in India and elsewhere around the world, and other risks not specifically mentioned herein but those that are common to industry.