HCL in alliance with Eckler for domain expertise

New Delhi, Feb 13: HCL Technologies Ltd today said it has entered into a strategic alliance with prominent actuarial experts Eckler Ltd for deepening the company's insurance domain expertise.

Under the arrangement, HCL Tech and Eckler will work together on various actuarial consulting and implementation projects across the globe.

''The partnership has been signed to leverage capabilities of both organisations in actuarial services, IT consulting and implementation,'' the company stated.

Mr S Premkumar, Corporate Officer and Global Head, Financial Services, HCL Tech said, ''The partnership is reflective of our commitment to grow our financial services business through excellence in domain. With Eckler, we would play a major role in one of the most important business functions for insurers.'' Actuaries help in designing insurance plans, determine the premium, monitor the profitability of insurance companies and recommend corrective action when appropriate.

The company's global insurance practice offers business driven technology solutions to the insurance industry worldwide.

HCL Technologies provide integrated services in the areas of software development and maintenance, infrastructure and business process outsourcing (BPO).

UNI