REGIONAL ROUND-UP
AFRICA APAC EUROPE MIDDLE EAST NORTH AMERICA
LTIMINDTREE AND EUROLIFE FFH TO SET UP GENAI AND DIGITAL HUBS IN EUROPE AND INDIA
LTIMindtree , a global technology consulting and digital solutions company , has signed a Memorandum of Understanding ( MoU ) with Eurolife FFH , a leading insurance company in Athens , Greece powered by Fairfax Digital Services , to establish the first-of-its-kind GenAl and digital hub in Athens and dedicated facilities in Poland , Europe and Mumbai , India .
The MoU was signed by Sudhir Chaturvedi , President and Executive Board Member , LTIMindtree , Alexandros Sarrigeorgiou , Chairman & CEO , Eurolife FFH Insurance Group , and Sanjay Tugnait , President & Chief Executive Officer , Fairfax Digital Services , in the presence of Kyriakos Mitsotakis , Prime Minister of Greece , at the residence of the Greek Ambassador in Delhi . This announcement also aligns with the Government of India ’ s newly introduced ‘ Anusandhan ’ scheme , aimed at catalysing innovation and research within technology and the start-up ecosystem . a platform for an accelerated adoption of new technologies to address the industry ’ s most pressing challenges , while establishing new benchmarks in both domestic and international markets .”
Sanjay Tugnait , President and CEO of Fairfax Digital Services , said : “ As Greece and India unite in establishing a GenAI and digital hub , our collaboration transcends borders and algorithms . Together , we engineer a convergence of technological prowess , laying the foundations for creating leading edge industry solutions to enable revenue generation and cost optimisation for businesses with a focus on enhancing customer experience . This partnership exemplifies the fusion of diverse cultures and shared visions , which will shape the future landscape of Artificial Intelligence and Digital Transformation .” x
As a part of this association , Eurolife FFH will set up a Generative Al and digital hub in Athens to develop innovative solutions for insurance businesses in Greece . LTIMindtree will provide deep domain expertise and support from its dedicated facilities in Poland and Mumbai . Professionals from both the companies will jointly undergo specialised training in Generative Al and Digital Transformation to develop cutting-edge products and services that will enhance customer experience and operational efficiency for businesses across insurance , banking , shipping and manufacturing industries .
Alexandros Sarrigeorgiou , CEO of Eurolife FFH , said : “ This partnership is aligned with our ambition of leveraging the power of advanced technology to deliver innovation for our customers and partners . Our goal is to innovate ; specifically in the insurance space , and push boundaries to create solutions that meet evolving needs of customers across various other industries . This collaboration is a step towards a future where GenAI and digital innovation will drive business success and enhance customers ’ experience .”
Sudhir Chaturvedi , President and Executive Board Member , LTIMindtree , said : “ Our collaboration with Eurolife FFH forms a crucial part of our strategic roadmap , aimed at driving transformative growth for businesses by unlocking the true potential of GenAI . By merging LTIMindtree ’ s innovation capabilities with Eurolife FFH ’ s domain expertise , we are staging
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