Datamatics surges on partnering with SBI Life to redefine underwriting operations
Datamatics Global Services is currently trading at Rs. 789.55, up by 22.50 points or 2.93% from its previous closing of Rs. 767.05 on the BSE.
The scrip opened at Rs. 761.80 and has touched a high and low of Rs. 794.90 and Rs. 754.85 respectively. So far 3446 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 1119.95 on 07-Aug-2025 and a 52 week low of Rs. 588.00 on 04-Jun-2025.
Last one week high and low of the scrip stood at Rs. 834.35 and Rs. 709.70 respectively. The current market cap of the company is Rs. 4,663.49 crore.
The promoters holding in the company stood at 66.33%, while Institutions and Non-Institutions held 0.59% and 33.09% respectively.
Datamatics Global Services has been appointed by SBI Life Insurance (SBI Life), one of India's most trusted life insurers, to redefine underwriting operations using Agentic AI-powered automation. Under this collaboration, SBI Life has implemented the company’s TruAI Underwriting solution, powered by Agentic AI. The platform is designed to assist underwriters in handling complex medical underwriting cases with greater speed, consistency and insight.
TruAI Underwriting ingests and analyzes documents such as medical reports, declarations, and laboratory results, extracting key medical parameters and highlighting potential risk indicators. It generates a consolidated digital case summary and provides intelligent decision support, drawing on underwriting rules and historical outcomes. With self-learning capabilities, the system continuously enhances risk evaluation over time, while final decision authority remains with human underwriters to ensure governance, accountability, and regulatory compliance.
