iNube and Sonata Software announce Strategic Partnership to Deliver Cutting-Edge Digital Platform and Bolster Go-To-Market for US and UK Insurers

iNube, a prominent Insurance technology provider, today announced strategic partnership with Sonata Software [NSE: SONATSOFTW, BSE: 532221], a leading Modernization Engineering company, to bolster goto-market efforts for Insurers in the US and UK.

For close to four decades, Sonata Software has been partnering with businesses across the world to drive innovation, improve operational efficiency, and enhance customer experiences. The company's deep expertise in cloud solutions, platform modernization, and digital engineering complements iNube's mission to transform the insurance industry with AI-driven, cloud-native technology solutions tailored to the unique needs of insurers.

This partnership combines Sonata Software's comprehensive delivery capabilities and global scale and iNube's deep expertise in insurance to deliver insurance solutions that integrate seamlessly enhance operational efficiency. The collaboration provides insurers with the agility to stay ahead in a rapidly evolving landscape, elevating their go-to-market strategies. The joint offering will provide insurers accelerated access to cutting-edge digital platform that streamline policy administration, claims processing, and customer engagement.

"Our collaboration with Sonata Software marks a pivotal moment for iNube as we expand our footprint in US and UK. We believe this partnership, complemented with our 14 years of insurance industry experience, will significantly accelerate our ability to deliver tailored, future-ready solutions to insurers. By combining Sonata Software's deep technical expertise with iNube's industry-specific solutions, we are well-positioned to help insurers digitally transform and respond to market demands, faster and more effectively," said Sathya Shrinivas Susarla, Executive Vice President of Strategy, iNube.

"We are excited about this partnership with iNube. Together, our joint offerings will deliver enhanced customer experiences through agile and modern digital solutions that will drive transformative change in the insurance industry. By combining our strengths, we will empower insurers to scale seamlessly, optimizing operational efficiency with wellcoordinated and synchronized infrastructure support," said Anthony Lange, Chief Revenue Officer, Sonata Software.

Shares of Sonata Software Limited was last trading in BSE at Rs. 578.40 as compared to the previous close of Rs. 577.15. The total number of shares traded during the day was 46775 in over 2880 trades.

The stock hit an intraday high of Rs. 597.50 and intraday low of 576.05. The net turnover during the day was Rs. 27365687.00.

Source : Equity Bulls

Keywords

SonataSoftware INE269A01021 iNube StrategicPartnership