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Hexaware Technologies surges on launching advanced insurance solutions for Google Cloud

The launch forms part of Hexaware’s broader program to develop cloud-first capabilities that support the future of insurance operations

Hexaware Technologies is currently trading at Rs. 683.50, up by 20.10 points or 3.03% from its previous closing of Rs. 663.40 on the BSE.

The scrip opened at Rs. 669.85 and has touched a high and low of Rs. 685.00 and Rs. 662.25 respectively. So far 10722 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 900.15 on 09-Jul-2025 and a 52 week low of Rs. 592.95 on 07-Apr-2025.

Last one week high and low of the scrip stood at Rs. 703.70 and Rs. 651.00 respectively. The current market cap of the company is Rs. 41531.85 crore.

The promoters holding in the company stood at 74.55%, while Institutions and Non-Institutions held 19.44% and 6.01% respectively.

Hexaware Technologies has launched two new insurance solutions developed exclusively for Google Cloud. The offerings strengthen the company’s collaboration with Google and reflect a shared focus on accelerating digital transformation through automation, AI, and scalable cloud-native architectures for the insurance industry.

The company’s parametric claims solution automates the full life cycle of parametric insurance claims. The platform integrates data from trusted, real-time sources, including IMD, NOAA, global satellite networks, and Google Earth Engine, for continuous environmental monitoring. Utilizing the Agent-to-Agent Protocol, self-governing AI agents autonomously handle trigger detection, data validation, and claims settlement. This framework shortens settlement timelines from weeks to mere hours, providing unprecedented efficiency. All operational data is unified within Google BigQuery, serving as a robust knowledge fabric that ensures immutable transparency and comprehensive auditability across the entire claims process. The launch forms part of Hexaware’s broader program to develop cloud-first capabilities that support the future of insurance operations.

Hexaware Technologies is a global digital and technology services company with artificial intelligence (AI) at its core and having a diverse range of customers. It serves customers across the Americas, Europe and Asia-Pacific (including India and the Middle East).