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HCL Tech partners Eckler

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CIOL Bureau
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MUMBAI: HCL Technologies Ltd today formed a strategic alliance with actuarial experts Eckler Ltd to deepen the company's Insurance Domain expertise.

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Under the alliance, both the partners will work together on various actuarial consulting and implementation projects across the globe.

The partnership has been signed to leverage capabilities of both organizations in Actuarial services, IT consulting and Implementation.

S PremKumar, corporate officer and global head -- Financial Services – HCL, commented, "The partnership is reflective of our commitment to grow our financial services business through excellence in domain. With Eckler, we would play a major role in one of the most important business functions for Insurers."

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Actuaries help in designing insurance plans, determine the premium, monitor the profitability of insurance companies and recommend corrective action when appropriate.

Commenting on the alliance Sylvain Goulet, principal, Eckler, said: "With an established reputation in world-class actuarial expertise, we wanted to provide further value to our clients through complementary insurance services. HCL provides solid Insurance domain capabilities, expertise in software engineering, project management and importantly, global reach. Partnering with HCL will enable us to offer offshore services needed to enhance our clients' operations."

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