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LTIMindtree & Eurolife FFH to setup Gen Al and Digital Hubs in Europe and India

By Gloria Mathias

February 23, 2024

  • Artificial Intelligence
  • Athens
  • Banking Transformation Practice
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LTIMindtree, Syncordis, Nielsen+Partner, Banking Transformation Practice, FinTech, India, Europe, Eurolife FFH, Greece, Athens, India, Mumbai, Insurance, Generative AI, Artificial Intelligence, LTIMindtree, a global technology consulting and digital solutions company, has signed an MoU with Eurolife FFH, an insurance company in Athens, Greece, powered by Fairfax Digital Services, to establish Gen Al and the Digital Hub in Athens and dedicated facilities in Poland, Europe, and Mumbai, India.

This announcement aligns with the Government of India’s newly introduced “Anusandhan” scheme, aimed at catalysing innovation and research within the technology and startup ecosystems.

As a part of this association, Eurolife FFH will set up the Generative Al and Digital Hub in Athens to develop solutions for insurance businesses in Greece, and LTIMindtree will provide deep domain expertise and support from its dedicated facilities in Poland and Mumbai. Professionals from both companies will jointly undergo specialised training in Generative Al and Digital Transformation to develop products and services that will enhance customer experience and operational efficiency for businesses across the insurance, banking, shipping, and manufacturing industries.

Alexandros Sarrigeorgiou, CEO of Eurolife FFH, said, “This partnership is aligned with our ambition of leveraging the power of advanced technology to deliver innovation for our customers and partners. This collaboration is a step towards a future where Gen AI and digital innovation will drive business success and enhance customers’ experiences.”

Sudhir Chaturvedi, President, and Executive Board Member, LTIMindtree, said, “Our collaboration with Eurolife FFH forms a crucial part of our strategic roadmap, aimed at driving transformative growth for businesses by unlocking the true potential of Gen AI. By merging LTIMindtree’s innovation capabilities with Eurolife FFH’s domain expertise, we are staging a platform for accelerated adoption of new technologies to address the industry’s most pressing challenges, while establishing new benchmarks in both domestic and international markets.”

Sanjay Tugnait, President, and CEO of Fairfax Digital Services, said, “As Greece and India unite in establishing a Gen AI and Digital Hub, our collaboration transcends borders and algorithms. This partnership exemplifies the fusion of diverse cultures and shared visions, which will shape the future landscape of artificial intelligence and digital transformation.”

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