WNS and ARM Join Forces to Offer End-to-End Actuarial Services

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    London, United Kingdom & New York, United States & Mumbai, Maharashtra, India:
     WNS (Holdings) Limited (NYSE: WNS), a number one supplier of world Business Process Management (BPM) options, at this time introduced its partnership with Actuarial Risk Management, Ltd. (ARM), a U.S.-based consultancy specializing in complete actuarial and modeling providers. As part of this partnership, ARM will supply its purchasers WNS’ offshore-centric actuarial providers and end-to-end insurance capabilities together with entrance, center, and back-office options. WNS will leverage ARM’s 250 senior-level credentialed actuaries to present its BPM purchasers with complimentary, project-based strategic advisory providers.

     

    “We are excited to join forces with ARM. Our industry-leading, end-to-end capabilities in the insurance industry combined with ARM’s onshore and near-shore actuarial resources will help insurers scale faster and respond to changing market conditions. Furthermore, in a market characterized by rising risk factors, regulation, and actuarial labor challenges, this partnership will enable insurers to access cost-effective and differentiated end-to-end insurance operations solutions,” mentioned Keshav R. Murugesh, Group CEO, WNS.

     

    “With WNS, we achieve a companion that collaborates with world insurers to speed up their digital transformation journey. ARM’s skilled onshore and near-shore insurance actuaries, coupled with WNS’ actuarial providers will elevate the bar on the transformation mannequin that we ship to our purchasers. From IFRS 17 and US GAAP LDTI mission calls for to workers shortfalls with recurring reporting and capital necessities, this alliance opens the chances for a lot of over-strained and under-resourced insurers,” mentioned Corwin Zass, Founder, ARM.

     

    WNS’ 600+ Actuarial professionals seamlessly collaborate with purchasers’ workers actuaries throughout Life & Annuities and Property & Casualty insurance companies. WNS’ actuarial key service choices embody finance and mannequin modernizations, valuation and monetary reporting, product improvement / administration, and reinsurance. Additionally, WNS has over 450 knowledge specialists that companion with our inside and exterior actuarial groups for knowledge engineering, structure, transformation, and reporting. Working with purchasers throughout North America, the UK / Europe and Australia, WNS additionally supplies automation options for varied processes inside purchasers’ actuarial features, bringing higher insights by in-depth technical analyses, and standardizing processes to enhance effectivity and eradicate inconsistencies.

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    About ARM

    A well-positioned world supplier of actuarial providers, Actuarial Risk Management (ARM) makes use of an modern technique to present the strategic advisory providers delivered by its world workers of greater than 250 credentialed actuaries. ARM is based on a business mannequin that delivers higher advise with out extreme charges, and routinely combines actuarial and non-actuarial approaches to improve stakeholder goals. ARM delivers a complete actuarial providers menu to a world-wide insurance consumer base. ARM is an impartial U.S. alliance member of the worldwide group, BDO. For extra data, go to www.actrisk.com.

     

    About WNS

    WNS (Holdings) Limited (NYSE: WNS) is a number one Business Process Management (BPM) firm. WNS combines deep {industry} data with know-how, analytics, and course of experience to co-create modern, digitally led transformational options with over 400 purchasers throughout varied industries. WNS delivers a complete spectrum of BPM options together with industry-specific choices, buyer expertise providers, finance and accounting, human sources, procurement, and analysis and analytics to re-imagine the digital future of companies. As of June 30, 2022, WNS had 55,146 professionals throughout 53 supply facilities worldwide together with services in China, Costa Rica, India, the Philippines, Poland, Romania, South Africa, Spain, Sri Lanka, Turkey, the United Kingdom, and the United States.

    For extra data, go to www.wns.com or observe us on Facebook, Twitter, LinkedIn, and Instagram.

    Safe Harbor Provision

    This doc contains data which can represent forward-looking statements made pursuant to the secure harbor provisions of the Private Securities Litigation Reform Act of 1995, the accuracy of that are essentially topic to dangers, uncertainties, and assumptions as to future occasions. Factors that might trigger precise outcomes to differ materially from these expressed or implied are mentioned in our most up-to-date Form 20-F and different filings with the Securities and Exchange Commission. WNS undertakes no obligation to replace or revise any forward-looking statements, whether or not because of new data, future occasions, or in any other case.

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    Click right here for Media Contact Details

    David Mackey (EVP–Finance & Head of Investor Relations), WNS (Holdings) Limited, [email protected], +1 (646) 908-2615

    Archana Raghuram (Global Head – Marketing & Communications and Corporate Business Development), WNS (Holdings) Limited, [email protected]; [email protected], +91 (22) 40952397

    Marc Altschull (Chief of Staff & Senior Consulting Actuary), ARM, [email protected], +1 (512) 345-5200


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