Newgen Software zooms on partnering with Duck Creek Technologies to offer insurers platform
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Newgen Software Technologies is currently trading at Rs. 1107.05, up by 58.45 points or 5.57% from its previous closing of Rs. 1048.60 on the BSE.
The scrip opened at Rs. 1057.35 and has touched a high and low of Rs. 1123.45 and Rs. 1057.35 respectively. So far 9047 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1186.00 on 19-Oct-2023 and a 52 week low of Rs. 327.95 on 10-Nov-2022.
Last one week high and low of the scrip stood at Rs. 1186.00 and Rs. 1022.45 respectively. The current market cap of the company is Rs. 7806.43 crore.
The promoters holding in the company stood at 55.16%, while Institutions and Non-Institutions held 25.15% and 19.69% respectively.
Newgen Software Technologies has partnered with Duck Creek Technologies, the intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, to offer insurers a platform that helps connect front-office, middle-office, and back-office for seamless flow of information, accelerates application development, and streamlines end-to-end customer journey. The integration between NewgenONE OmniDocs Contextual Content Services platform and Duck Creek Policy gives insurers the ability to get a 360-degree view of all the content related to customers, processes, and policies.
The Anywhere Enabled Integration of NewgenONE OmniDocs Contextual Content Services platform - available on Duck Creek's Content Exchange - seamlessly integrates with Duck Creek Policy to offer a powerful search engine and filters, enabling insurers to quickly access large documents, including recorded videos and high-definition images. Furthermore, the platform enables content lifecycle management, secure archival, and real-time collaboration for quicker decision-making and improved policy worker's productivity.
Newgen Software Technologies is a software products company offering a platform that enables organisations to develop applications addressing their strategic business needs.
