Sun Life Global Solutions (SLGS), a Global Capability Centre under Sun Life, has entered into a groundbreaking partnership with IIT Indore to promote innovation. This collaboration aims to leverage cutting-edge technologies such as AI/ML, data analytics, and generative AI to revolutionize the insurance sector. By focusing on areas like risk assessment, claims handling, and customer segmentation, both organizations are set to drive significant advancements in the industry.
Tarun Sareen, Managing Director of Sun Life Global Solutions, expressed excitement about this collaboration, emphasizing the importance of technological excellence in delivering tailored solutions to clients. The partnership with IIT Indore is expected to fuel innovation in AI, cloud computing, and emerging technologies, setting new industry standards and driving growth in key areas like claims prevention and biometrics. Together, they aim to shape the future by fostering a culture of engineering brilliance that propels their purpose forward.
This partnership is not only beneficial for Sun Life but also for the students at IIT Indore. They will have the opportunity to gain practical data analysis skills, real-world problem-solving experience, and industry-relevant knowledge. By working on business projects and internships provided by SLGS, students can enhance their employability and discover a purpose-driven career path in the insurance sector.
Director of IIT Indore, Professor Suhas S. Joshi, highlighted the significance of this collaboration in providing students and faculty with a platform to apply their creative skills in the insurance industry. The partnership will strengthen the culture of innovation and build a talent pool to meet the future needs of the industry. By combining industry knowledge with research capabilities, both organizations aim to drive progress in the field and support the growth of the Indian startup ecosystem.
In addition to joint research initiatives and technology transfer, the collaboration will focus on developing a skilled workforce capable of tackling industry challenges. Students and researchers from IIT Indore will have the opportunity to address real-life organizational issues, gaining valuable experience and contributing to the broader transformation of the industry. This partnership underscores the commitment of both organizations to driving innovation and excellence in the insurance sector through collaboration and technological advancement.
