Today, India-based business process management (BPM) firm WNS announced the launch of its blockchain-based insurance risk syndication solution, the WNS VeriChain.
WNS is listed on the New York Stock Exchange and had revenues of $809 million in 2019. The company has over 42,000 employees working at 61 ‘delivery centers’ in 16 countries and services over 200 Fortune 500 companies.
Among the several industries it serves, WNS has about 30 insurance and reinsurance clients and provides end-to-end solutions across the entire value chain. The VeriChain solution, based on Hyperledger Fabric, will digitalize processes and improve efficiency and profitability for all stakeholders.
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