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1. Which company has been selected by the Life Insurance Corporation of India (LIC) to develop its next-generation digital platform?
The Life Insurance Corporation of India (LIC) has chosen Infosys to develop its next-generation digital platform as part of its DIVE (Digital Innovation and Value Enhancement) program. This platform aims to enhance customer services, business lifecycle management, and operational activities. Infosys was selected through a request for proposal (RFP) process, marking a significant shift from LIC's previous IT collaborations with TCS and Tech Mahindra. The partnership will help LIC transform into a technology-driven organization, offering comprehensive life insurance solutions to meet customers' instant service expectations.