Datamatics Announces Partnership with SBI Life Insurance to Provide AI-powered Underwriting Solution; Shares Rise 2.86%

Mumbai, May 27: Datamatics Global Services announced that SBI Life Insurance has selected the company’s Agentic AI-powered TruAI Underwriting solution to modernise underwriting operations and improve the assessment of complex medical insurance cases.

The company disclosed the development through a press release submitted to the stock exchanges on May 27, 2026.

According to the release, underwriting remains one of the most critical functions for life insurers, particularly in cases involving extensive medical histories, laboratory reports and multiple risk indicators. Datamatics said its TruAI Underwriting platform is designed to support underwriters by automating document analysis and generating decision-support insights.

The platform can process medical reports, declarations and laboratory records, extract key parameters and highlight potential risk indicators. Datamatics said the solution combines underwriting rules, historical outcomes and self-learning capabilities to improve consistency and efficiency while retaining final decision-making authority with human underwriters.

The company stated that the collaboration is expected to enhance underwriting efficiency, improve decision-making and support a better customer experience for SBI Life policyholders.

Stock Market Snapshot

Datamatics share price moved higher after the announcement became public.

As of 10:42 AM IST on May 27, 2026, the stock was trading at ₹788.00, up ₹21.90 or 2.86% from the previous close of ₹766.10.

During the session, the stock touched ₹792.70 and a low of ₹755.00, according to exchange data. Investors appeared to respond positively to the company’s continued expansion of artificial intelligence-led enterprise solutions within the financial services sector.

The announcement also highlights growing adoption of Agentic AI technologies across insurance operations, where automation is increasingly being used to improve processing speed and operational accuracy.

Company Background

Datamatics Global Services Limited is a digital technologies, operations and experiences company that provides solutions across digital transformation, business process management and engineering services.

The company offers products and services spanning robotic process automation, intelligent document processing, business intelligence and automated data management solutions. Datamatics serves clients across banking, financial services, insurance, healthcare, manufacturing and publishing sectors.

It operates globally with delivery centres across multiple geographies, including India, the United States, the United Kingdom, Germany and the Philippines.

SBI Life Insurance, one of India’s largest private life insurers, serves individual and group customers across protection, savings, pension and health solutions through a nationwide distribution network.

Conclusion

The collaboration with SBI Life marks another enterprise AI deployment for Datamatics and strengthens its presence in the insurance technology segment.

As insurers continue to explore automation and AI-driven decision support, the adoption of TruAI Underwriting by SBI Life provides Datamatics with a notable reference client in the life insurance industry. The company disclosed the development through an exchange filing on May 27, 2026.

Source:

• https://www.nseindia.com/get-quote/equity/DATAMATICS/Datamatics-Global-Services-Limited
• https://nsearchives.nseindia.com/corporate/DGSL_27052026103222_Press_Release_Upload.pdf