Insurance Networking News: IT Executives Award Cognizant First Place in Strategic Partner Category at Vanguards in Insurance Practices (VIP) Awards

Ben Bengtson, SVP and Global Insurance Leader, and Gajen Kandiah, EVP of Business Process Services, Cognizant

Cognizant was ranked #1 by insurance company IT executives in the Strategic Partner Category at the eighth annual Vanguards in Insurance Practices (VIP) awards. Sponsored by Insurance Networking News and Celent, the awards recognized the insurance industry’s most innovative carriers and vendors, and were presented at the Insurance Analytics Symposium in New Orleans on October 16, 2014.

“Being recognized by our clients for our insurance industry expertise and our capabilities as a strategic partner is an honor. Our domain expertise in both insurance and new technologies continues to be sought after by our clients not only for their current books of business but also for their new products, services and distribution strategies,” said Ben Bengtson, Senior Vice President and Global Insurance Leader at Cognizant. 

“Our teams are dedicated to helping insurance leaders serve their clients in the Life, Retirement and Annuity sectors. We welcome this award and the opportunity to help our clients navigate the dynamic insurance space, as new digital technologies provide even more opportunities for service,” said Gajen Kandiah, Executive Vice President of Business Process Services at Cognizant.

According to the survey, “Cognizant’s Life, Annuity & Retirement Business Processing Service relieves insurers from managing routine back-office operations so they can concentrate on revenue generating activities. The solution provider is recognized for offers in products and platforms specific to the insurance industry for functions including agent compensation, claims processing and policy administration.”