clear
Thursday December 14th, 2017 5:13AM

Infosys McCamish Positioned as a ‘Leader’ In Gartner’s Magic Quadrant for Life Insurance Policy Administration Systems

By The Associated Press

BANGALORE, India--(BUSINESS WIRE)--Sep 13, 2017--Infosys McCamish Systems, a U.S. based subsidiary of Infosys (NYSE: INFY), a global leader in consulting, technology, outsourcing and next-generation services, today announced that it has been positioned as a ‘Leader’ in Gartner’s Magic Quadrant for Life Insurance Policy Administration Systems (PAS) for North America.

The Gartner Magic Quadrant evaluated vendors that provide Policy Administration Systems (PAS) for individual and group life and annuity products; on two primary criteria – ‘completeness of vision’ and ‘ability to execute’.

Richard Magner, President and CEO, Infosys McCamish Systems said, “Being named a leader in Gartner’s Magic Quadrant for Life Insurance Policy Administration Systems in North America is a recognition of our investment and innovation in providing seamless, end-to-end delivery of services, across the insurance industry in the region. One of our strategic objectives is to create enduring partnerships from deep domain knowledge. Our world-class solutions will continue to realize significant business value for our clients.”

About Gartner’s Magic Quadrant

Gartner does not endorse any vendor, product, or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Infosys McCamish

Infosys McCamish ( www.infosysmccamish.com ), a U.S. based subsidiary of Infosys BPO, the business process outsourcing subsidiary of Infosys (NYSE:INFY), is a leader in providing best in class technology platforms and service solutions for the financial services industry. With deep domain experience with Life Insurance companies, Work Site Product providers and Retirement companies globally, we partner with our clients to help them stay ahead of the innovation curve. Our technology platforms and services, combined with execution excellence and proven best practices, optimize our clients’ operations today while building tomorrow’s enterprise.

About Infosys Ltd.

Infosys is a global leader in technology services and consulting. We enable clients in 45 countries to create and execute strategies for their digital transformation. From engineering to application development, knowledge management and business process management, we help our clients find the right problems to solve, and to solve these effectively. Our team of 198,000+ innovators, across the globe, is differentiated by the imagination, knowledge and experience, across industries and technologies that we bring to every project we undertake.

Visit www.infosys.com to see how Infosys (NYSE: INFY) can help your enterprise thrive in the digital age.

Safe Harbor

Certain statements in this press release concerning our future growth prospects are forward-looking statements regarding our future business expectations intended to qualify for the 'safe harbor' under the Private Securities Litigation Reform Act of 1995, which involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in earnings, fluctuations in foreign exchange rates, our ability to manage growth, intense competition in IT services including those factors which may affect our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, industry segment concentration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks or system failures, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which Infosys has made strategic investments, withdrawal or expiration of governmental fiscal incentives, political instability and regional conflicts, legal restrictions on raising capital or acquiring companies outside India, and unauthorized use of our intellectual property and general economic conditions affecting our industry. Additional risks that could affect our future operating results are more fully described in our United States Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2017. These filings are available at www.sec.gov. Infosys may, from time to time, make additional 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. In addition, please note that any forward-looking statements contained herein are based on assumptions that we believe to be reasonable as of the date of this press release. 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.

View source version on businesswire.com:http://www.businesswire.com/news/home/20170913005685/en/

CONTACT: Asia Pacific

Infosys, India

Sarah Gideon, +91 80 4156 3998

Sarah_Gideon@infosys.com

or

EMEA

Infosys, Europe

Margherita Di Cerbo, +44 2075162748

Margherita.DiCerbo@infosys.com

or

Americas

Infosys, USA

Chiku Somaiya, +1 408-375-2722

Chiku.Somaiya@infosys.com

KEYWORD: UNITED STATES ASIA PACIFIC NORTH AMERICA GEORGIA INDIA

INDUSTRY KEYWORD: TECHNOLOGY DATA MANAGEMENT SOFTWARE PROFESSIONAL SERVICES CONSULTING INSURANCE

SOURCE: Infosys McCamish Systems

Copyright Business Wire 2017.

PUB: 09/13/2017 09:30 AM/DISC: 09/13/2017 09:30 AM

http://www.businesswire.com/news/home/20170913005685/en

  • Associated Categories: Associated Press (AP), AP Business, AP Business - Corporate News, AP Online - Georgia News, AP Business Wire - Georgia
© Copyright 2017 AccessWDUN.com
All rights reserved. This material may not be published, broadcast, rewritten, or redistributed without permission.
Ohio set to execute man convicted of back-to-back killings
A condemned man prayed with his parents Wednesday morning as his scheduled execution neared for killing two people in back-to-back robberies in 1992
9:20AM ( 33 minutes ago )
Self-driving boats: The next tech transportation race
Self-driving cars may not hit the road in earnest for many years - but autonomous boats could be just around the pier
9:20AM ( 34 minutes ago )
Critics want Poland's defense minister suspended over ties
Poland's opposition lawmakers say they want Defense Minister Antoni Macierewicz suspended over allegations he has secret ties with Russian military intelligence and mafia
9:19AM ( 35 minutes ago )
Associated Press (AP)
The Latest: Sanders offers bill to expand Medicare to all
Sen. Bernie Sanders is offering a bill to expand Medicare to provide health insurance for all Americans
8:59AM ( 54 minutes ago )
Moody's: Qatar crisis a negative for all countries involved
Moody's Investors Service says the three-month-old diplomatic dispute between Qatar and other Arab states has created uncertainty across the Gulf region and is credit negative for all the countries involved
8:45AM ( 1 hour ago )
Target bumps up holiday hiring by 40 percent this year
Target is hiring about 100,000 workers for the holiday season, up from the 70,000 it hired a year ago
8:32AM ( 1 hour ago )
AP Business
Top Dems say Flynn left Mideast trip off security clearance
Two Democratic lawmakers release documents showing former National Security Adviser Michael Flynn failed to report a June 2015 trip to the Middle East on his security clearance questionnaire
7:20AM ( 2 hours ago )
Miners protest threatened mine suspension in Greece
Greek miners are protesting in Athens after their Canada-based company says the government is delaying permits for pending licenses
7:00AM ( 2 hours ago )
S. Korea conducts cruise missile drill amid N. Korea threats
South Korea said it conducted its first live-fire drill for an advanced air-launched cruise missile that would strengthen its pre-emptive strike capability against North Korea
4:36AM ( 5 hours ago )
AP Business - Corporate News
Collapsed interstate bridge in Georgia reopens to traffic
A key section of interstate highway through Atlanta has partially reopened, six weeks after a highway bridge collapsed because of a large fire.
7:41PM ( 4 months ago )
Cagle promises 500,000 new jobs in Georgia governor campaign
Casey Cagle will launch his campaign for governor on Sunday with a pledge to add half a million new jobs in Georgia in four years if voters choose him to replace term-limited Gov. Nathan Deal.
12:11PM ( 4 months ago )
Senate confirms Sonny Perdue as agriculture secretary
The Senate on Monday confirmed former Georgia Gov. Sonny Perdue to be agriculture secretary in President Donald Trump's administration as the farming industry looks to Washington for help amid a downturn in the market.
8:55PM ( 4 months ago )
AP Online - Georgia News
AP Business Wire - Georgia
Ohio set to execute man convicted of back-to-back killings
A condemned man prayed with his parents Wednesday morning as his scheduled execution neared for killing two people in back-to-back robberies in 1992
9:20AM ( 34 minutes ago )
Self-driving boats: The next tech transportation race
Self-driving cars may not hit the road in earnest for many years - but autonomous boats could be just around the pier
9:20AM ( 34 minutes ago )
Critics want Poland's defense minister suspended over ties
Poland's opposition lawmakers say they want Defense Minister Antoni Macierewicz suspended over allegations he has secret ties with Russian military intelligence and mafia
9:19AM ( 35 minutes ago )
Officials: Bomber kills 3 outside Afghan cricket stadium
Authorities say a suicide bomber has attacked a cricket stadium in the Afghan capital of Kabul, killing at least three people and wounding at least seven
9:18AM ( 36 minutes ago )
As Rohingya flee violence, Myanmar's Suu Kyi skips UN meet
As Rohingya flee violence, Myanmar government says leader Aung San Suu Kyi will skip this month's U.N. General Assembly.
9:09AM ( 45 minutes ago )