Shares of Hexaware Technologies rose by around 3% on November 12, 2025 after the company introduced two advanced insurance solutions developed in collaboration with Google Cloud. The initiative strengthens its partnership with Google and reflects its focus on integrating automation, artificial intelligence, and cloud-native architecture to transform the insurance sector.
According to the company’s statement, the new products have been designed specifically for Google Cloud to help insurers enhance operational efficiency and customer service. The solutions aim to simplify complex insurance processes and boost scalability using AI-driven technologies.
Among the newly launched offerings, the firm unveiled an advanced parametric claims solution that automates every step of the claims management process. This platform uses real-time data from credible sources such as IMD, NOAA, satellite networks, and Google Earth Engine for continuous environmental monitoring and trigger-based claim assessment.
The platform operates on an Agent-to-Agent Protocol, which uses self-governing AI agents to manage trigger detection, data validation, and claims settlement. This approach significantly reduces claim processing time from weeks to hours, improving operational agility and accuracy in decision-making.
The company stated that these solutions are designed to help brokers, reinsurers, and insurance firms modernise their claims management and product development systems through automation and intelligence.
Commenting on the collaboration, the company’s leadership highlighted that these initiatives reinforce their long-term relationship with Google Cloud. The partnership aims to bring next-generation digital tools to the insurance sector, combining data analytics and AI to streamline processes and create a more connected ecosystem for insurers and clients.
As of November 12, 2025, 12:48 PM, Hexaware Technologies Ltd (HEXT) share price stood at ₹680, up 2.51% on the day. The stock is listed under BSE: 544362 and NSE: HEXT, with a market capitalisation of ₹41,416 crore.
It has traded between a 52-week high of ₹900 and a low of ₹590. The company maintains a P/E ratio of 29.7, a book value of ₹95.3, and a dividend yield of 1.66%, with healthy returns on capital and equity.
Read More:Hexaware Technologies Announces 100% Acquisition of US-Based CyberSolve.
The launch of Google Cloud-backed insurance solutions marks a progressive step for Hexaware Technologies in applying AI and automation to core industry functions. As the company continues to expand its cloud-based offerings, the development is expected to contribute to greater efficiency and innovation within the insurance sector.
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Published on: Nov 12, 2025, 1:10 PM IST
Suraj Uday Singh
Suraj Uday Singh is a skilled financial content writer with 3+ years of experience. At Angel One, he excels in simplifying financial concepts. Previously, he cultivated his expertise at a leading mortgage lending firm and a prominent e-commerce platform, mastering consumer-focused and engaging content strategies.
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