Infosys McCamish Completes Purchase of Automated New Business and Underwriting Platform from STEP Solutions

Bengaluru, India and Illinois, US – February 16, 2021

Infosys McCamish Systems,美国的子公司Infosys BPM, the Business Process Management arm ofInfosys(NYSE: INFY), today announced the strategic purchase of a state-of-the-art New Business and Underwriting platform fromSTEP Solutions Group LLCto ease the complexity of all types of insurance products such as Life, Annuity, and Health, for individuals and groups across North America.

STEP Solutions Group LLC is an affiliate of the Dillon Kane Group LLC based in Chicago, Illinois, with a successful track record in building leading-edge technology solutions in Insurance Underwriting and New Business. The powerful rule-driven New Business and Automated Underwriting platform from STEP will help Infosys McCamish in enhancing its industry-leading VPAS® policy administration platform to offer end-to-end business solutions in the North American insurance market.

The platform quotes and recommends products based on the customer’s lifestyle, financial state, and unique requirements, using digital portals and intuitive workbenches that drive business outcomes through a personalized experience. Integrated intelligent workflow supports full or partial automation of underwriting cases, which reduces cost and time-to-decision, and greatly speeds up policy issuance and assures consistent rating. The platform, which supports cloud-native microservices for flexible deployment options, is also fully integrated with ACORD Industry standards, external origination systems, as well as data and evidence providers such as MIB (Medical Information Bureau), MVR (Motor Vehicle Report), Rx (Prescription) and Credit Agencies in compliance with all the relevant state laws and other regulatory bodies in North America. Once deployed, the platform shortens the time to process a case from days, to a few hours.

Infosys McCamish Systems首席执行官兼董事总经理Richard Magner,说:“通过从步骤购买此平台,我们将进一步提高我们在新业务,入学和自动化承保的直通处理方面的竞争地位。此举加强了我们的承诺和投资,以在北美和世界各地的保险业提供无缝和端到端的服务。”

Don Kane, Sr. Managing Director of Dillon Kane Group and STEP Solutions Group,said, “We are excited that the underwriting platform developed by STEP will gain new opportunities for widespread adoption as a part of the Infosys McCamish platform suite. The platform will help in increasing the success rate for clients, with high efficiency and enhanced underwriting decision-making in the new business arena. With Infosys McCamish’s leading position in the global life insurance and annuity marketplace, I am sure they will elevate the platform’s global reach, technology edge, and digital capabilities.”

The platform will be supported from development centres in Atlanta, US, and from Hyderabad and Pune in India.

About Infosys McCamish

Infosys McCamish (www.infosysbpm.com/mccamish),Infosys BPM的美国子公司(Infosys BPM)是Infosys(NYSE:INFY)的一部分,是为金融服务行业提供最佳班级技术平台和服务的领导者。它解决了全球人寿保险,年金和退休服务市场中的全部需求。Infosys McCamish使用其在VPAS®类中最好的服务 - 政策管理,PMACS®-生产者管理和薪酬,VPAS®BPA - 退休服务和NGIN - 快速产品推出的多GEO政策管理。它在软件中作为服务(SaaS)或全方位服务TPA(第三方管理)或混合模型提供这些软件。

关于Infosys BPM

Infosys BPM Ltd.是Infosys Ltd.(NYSE:INFY)的业务流程管理(BPM)子公司,成立于2002年4月。我们提供综合的端到端转型BPM服务,并经过浏览的餐桌赌注有效性和效率不断增加,专注于增强利益相关者的经验和同理心。我们使客户能够从16个国家 /地区的33个送货中心运营,拥有超过120多个国籍的人。

Visitwww.infosysbpm.comto learn how Infosys BPM can help your enterprise navigate your next.For more information contactbpm.pr@infosys.com

About Infosys

Infosys is a global leader in next-generation digital services and consulting. We enable clients in 46 countries to navigate their digital transformation. With nearly four decades of experience in managing the systems and workings of global enterprises, we expertly steer our clients through their digital journey. We do it by enabling the enterprise with an AI-powered core that helps prioritize the execution of change. We also empower the business with agile digital at scale to deliver unprecedented levels of performance and customer delight. Our always-on learning agenda drives their continuous improvement through building and transferring digital skills, expertise, and ideas from our innovation ecosystem.

Visitwww.microbizcard.comto see how Infosys (NYSE: INFY) can help your enterprise navigate your next.

Safe Harbor

本新闻稿中的某些陈述涉及我们未来的增长前景,财务期望以及导航COVID-19对我们的员工,客户和利益相关者的影响的前瞻性陈述,旨在根据《私人证券诉讼改革法案》获得“安全港”的资格1995年,涉及许多风险和不确定性,可能导致实际结果与此类前瞻性陈述中的结果差异。与这些陈述有关的风险和不确定性包括但不限于19 Covid-19的风险和不确定性以及政府的影响以及寻求遏制其传播的其他措施,与印度的经济低迷或经济衰退有关的风险,联合全世界的各州和其他国家,政治,商业和经济状况的变化,收入的波动,外汇波动的波动,我们管理增长的能力,激烈的IT服务竞争,包括那些可能影响我们成本优势的因素,工资在印度的提高,我们吸引和保留高技能专业人士的能力,固定价格,固定时间框架合同,客户集中,移民的限制,行业细分集中,我们管理国际运营的能力,减少需求的能力,时间和成本超支对于我们关键重点领域的技术,电信网络或系统故障的破坏,我们的能力成功完成并整合潜在的收购,对我们的服务合同的损害赔偿的责任,Infosys在政策投资,撤回或到期政府财政激励措施,政治不稳定和区域冲突的公司的成功,对筹集资金或收购资本的法律限制在印度以外,未经授权使用我们的知识产权和一般经济状况,影响了我们的行业以及未决诉讼和政府调查的结果。我们的美国证券和交易委员会文件中更全面地描述了可能影响我们未来运营业绩的其他风险,包括我们截至2020年3月31日的财政年度的20-F表格报告。www.sec.gov。印孚瑟斯,不时,使额外的written and oral forward-looking statements, including statements contained in the Company's filings with the Securities and Exchange Commission and our reports to shareholders. The Company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the Company unless it is required by law.

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