Cognizant Named Leader in P&C Insurance IT Services by Everest Group
Cognizant Recognized as a Leader in P&C Insurance IT Services by Everest Group
In the 2025 Property & Casualty (P&C) Insurance IT Services PEAK Matrix® Assessment, Cognizant has been recognized as a leading force by Everest Group. This evaluation of 31 top IT service providers in the P&C insurance sector focuses on strategic vision, capabilities, and overall market influence, specifically in adding value for clients.
Emerging Trends in the P&C Insurance Industry
Current trends observed by Everest Group indicate significant changes in the P&C insurance industry. Insurers are confronted with managing cost pressures while striving for modernization and increased agility. The exploration of Generative AI is broadening expectations, yet many insurers are evaluating their readiness to implement these technologies. Clients increasingly prefer partners who deliver transformative outcomes, emphasizing platform integration, effective change management, and AI application.
Cognizant's Strategic Position in the Market
Cognizant, alongside other industry leaders, has achieved consistent revenue growth through robust governance and AI-driven intellectual property. Their strategic collaborations support expansive transformation initiatives, and their teams excel in managing complex, multi-regional projects. Cognizant is highly regarded for its holistic involvement in the insurance chain, offering outcome-based pricing and modular solutions focused on transformation.
Industry Expert Insights
Aurindum Mukherjee, Practice Director at Everest Group, comments, "Cognizant continues to strengthen its position in the P&C insurance IT services market through scaled delivery and platform specialization. Its portfolio supports insurers in advancing complex modernization programs." Cognizant’s proprietary intellectual property and strategic alliances play a critical role in facilitating intricate modernization efforts for insurers, drawing commendation for responsible AI usage and data stewardship.
Ajay Pandita, Senior Vice President at Cognizant, highlights this achievement as a reflection of their commitment to delivering innovative solutions for insurers facing evolving market demands. By leveraging advanced AI, proprietary IP, and deep domain expertise, Cognizant empowers clients to accelerate transformation and enhance agility.
For further details and insights, professionals are encouraged to access the complete research findings in Everest Group’s PEAK Matrix® Reports. This independent research maintains transparency, requiring no organization’s payment for listing or influence over the rankings.