Coforge shares gain nearly 6% after Nexa Agentic AI Platform launch for insurance industry

Shares of Coforge Ltd.gained over 5% on Tuesday, June 2, after the company said it has launched the 'Nexa Agentic AI Platform'.

This is a next generation insurance business platform designed for the global insurance industry, marking a significant advancement in how insurers operationalise AI to drive measurable business outcomes, Coforge said in an exchange filing

This Nexa Agentic AI Platform is designed to help carriers extract greater value from their existing insurance platforms and accelerate time to market without disrupting the core. Rather than replacing incumbent systems, it layers AI orchestration on top, according to the company.

The platform's orchestration agents are fully modular and composable, allowing carriers to adopt targeted capabilities where the impact is highest or deploy the full site suite through an insurance-in-a-box model. It is built around human-in-the-loop oversight, with full audibility, measurable outcomes, and rich insurance industry intelligence embedded by design, the company said.

It is built on the Coforge One AI platform and embeds intelligence into core insurance workflows. The platform provides a marketplace of more than 30 insurance AI assets spanning underwriting, claims, product development, customer service, and platform modernisation, Coforge said.

The platform introduces a marketplace of insurance AI assets, anchored by six flagship orchestrators that span the insurance value chain:

"Next Agentic AI platform brings together our AI engineering maturity and deep insurance domain expertise to help clients scale impact with confidence," Rajeev Batra, the EVP and global practice head of insurance, Coforge, said.

Coforge shares were trading 5.7% up at ₹1,545 on Tuesday. The stock has gained 34% in the past month, trimming its year-to-date losses down to 7%.

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