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Press Release

Published: March 10, 2020

Virtusa Named a Major Contender and Star Performer by Everest Group in Life & Annuities Insurance Application and Digital Services PEAK Matrix 2020

SOUTHBOROUGH, Mass. – (March 10, 2020) – Virtusa Corporation (NASDAQ GS:VRTU), a global provider of digital strategy, digital engineering, and IT services and solutions that help clients change and disrupt markets through innovation engineering, announced it was named a Major Contender in the Life & Annuities Insurance Application and Digital Services PEAK MatrixTM 2020 by Everest Group. Virtusa was also named a Star Performer based on demonstrating the most improvement over time among the 20 IT service organizations assessed.   

Virtusa’s position was evaluated on two fronts: market impact that includes market adoption, portfolio mix, and value delivered; and vision and capability that includes vision and strategy, scope of services offered, innovation and investments, and delivery footprint.

Virtusa has a solid foundation built on decades of insurance industry experience. Combined with its innovation engineering, Virtusa provides measurable results on experience-led digital transformation initiatives. Virtusa's agile scrum teams, open innovation assets, and gamified tools and accelerators provide digital-only business models that drive the pace of innovation, transformation, and application execution for its clients.

“Virtusa works to dramatically improve the efficiencies of IT platforms and applications for clients by rationalizing, consolidating, modernizing, and converting core systems, specifically around cloud, to create galvanizing digital customer journeys that are connected front-to-back," said Ganesh Iyer, EVP, Insurance, Virtusa. “Virtusa’s intense industry-focus paired with its digital engineering capabilities increase velocity for clients when bringing new digital products and services to market."

To learn more about Virtusa Insurance offerings, please visit: virtusa.com/practice/insurance/

 

About Virtusa

Virtusa Corporation is a global provider of digital business strategy, digital engineering, and information technology (IT) services and solutions that help clients change, disrupt, and unlock new value through innovative engineering. Virtusa serves Global 2000 companies in Banking, Financial Services, Insurance, Healthcare, Communications, Media, Entertainment, Travel, Manufacturing, and Technology industries.

Virtusa helps clients grow their business with innovative products and services that create operational efficiency using digital labor, future-proof operational and IT platforms, and rationalization and modernization of IT applications infrastructure. This is achieved through a unique approach blending deep contextual expertise, empowered agile teams, and measurably better engineering to create holistic solutions that drive the business forward at unparalleled velocity enabled by a culture of cooperative disruption.

Virtusa is a registered trademark of Virtusa Corporation.  All other company and brand names may be trademarks or service marks of their respective holders.

 

Media Contact:

Alex Nickols
Edelman
+1 (415) 430-8056
Alex.Nickols@edelman.com

Alex Nickols

Edelman

+1 (415) 430-8056

Alex.Nickols@edelman.com

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