XL Group teams with Cognizant to create better risk assessment

Cognizant (NASDAQ: CTSH) and XL Group plc´s global insurance operations said they have developed a new mobile-enabled risk engineering platform that will transform and maximize risk assessment operations for Global Asset Protection Services, XL Group´s property loss prevention services business.

Designed as a subscription-based service, the platform will deliver a superior customer and colleague experience, while improving the quality, speed, accuracy, and productivity of risk consulting operations. Using the new platform, XL Group´s underwriters and clients will receive actionable information in near real-time to help them make more informed decisions, while managing risk and reducing losses more effectively.

Cognizant is a provider of information technology, consulting, and business process outsourcing services, dedicated to helping the world´s leading companies build stronger businesses. Headquartered in Teaneck, New Jersey (US), Cognizant combines a passion for client satisfaction, technology innovation, deep industry and business process expertise, and a global, collaborative workforce that embodies the future of work. With over 50 delivery centers worldwide and approximately 162,700 employees as of March 31, 2013, Cognizant is a member of the NASDAQ-100, the S&P 500, the Forbes Global 2000, and the Fortune 500 and is ranked among the top performing and fastest growing companies in the world. Visit us online at www.cognizant.com