IIT Indore and Sun Life Global Solutions (SLGS), the Global Capability Centre and microcosm of the global insurance and asset management leader Sun Life, has embarked on an innovative and historic partnership. This partnership, in a bid to drive innovation, will encompass the application of new age technologies like AI/ML, data analytics and generative AI, especially in the field of insurance, including the improvement of risk appraisal, claim settlement and customer satisfaction.
Through this partnership, Sun Life aims to boost productivity and enhance service delivery by helping nurture a skilled workforce capable of addressing new technological challenges in the GCC sector – with a razor-sharp focus on the Insurance industry at large.
This collaboration is expected to drive significant innovations in areas like risk assessment, claims handling and customer segmentation, all of which are on the brink of major transformation. By harnessing these advancements, Sun Life aims to make a meaningful impact to its Client journeys. The students on the other hand will also draw significant impact from the partnership:
Practical data analysis skills
IIT students will gain valuable experience in managing and analysing large-scale data sets, a crucial skill in today's data-driven business environment.
Real-world problem solving
Students will be exposed to authentic business challenges, helping them bridge the gap between academic theory & practical application.
Industry-relevant experience
This engagement will provide students with hands-on experience that is directly applicable to future careers in data science, business analytics and related fields.
Enhanced employability
By working on real business projects, students will develop a portfolio of practical work, making them more attractive to potential employers upon graduation.
Internship Opportunity
SLGS also aims to provide internship opportunities to the students.
Discover a purpose & culture-driven career for life
Sun Life holds the promise of advancing a culture-rich and Purpose-driven experience for the students associated with the project, which can be leveraged by them to nurture a meaningful professional journey for long-term growth.
One of the core objectives of the partnership will therefore be the development of a workforce that is equipped to meet new challenges within the industry. Business students and researchers from IIT Indore will be able to solve real-life issues, thus having the opportunity to gain experience in addressing real-life organisational challenges.