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Client wins of multi-year duration with a traditional insurer can improve revenue visibility and set a precedent for upsell opportunities in the insurance vertical, which CTSH has historically leveraged to drive services revenue and cloud/data modernization projects.
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Cognizant announced a five-year enterprise-wide partnership with The Andover Companies to modernize its core policy administration, unify data, and advance responsible AI in underwriting and claims. The scope includes a new AWS-native data platform and security upgrades, with AI exploration via Cognizant's Neuro platform. This client win expands Cognizant's AI-insurance footprint and could improve long-term revenue visibility as Andover scales its technology foundation.
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