New Delhi, 110023,
India
Agriculture Insurance Co. of India Technographics
Agriculture Insurance Co. of India Technographics, Software Purchases, AI and Digital Transformation Initiatives
Discover the latest software purchases and digital transformation initiatives being undertaken by Agriculture Insurance Co. of India and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 450 Agriculture Insurance Co. of India employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.
During our research, we have identified that Agriculture Insurance Co. of India has purchased the following applications: SEWANxt Claims Management for Insurance Claims Management in 2018 and the related IT decision-makers and key stakeholders.
Our database provides customer insight and contextual information on which enterprise applications and software systems Agriculture Insurance Co. of India is running and its propensity to invest more and deepen its relationship with In-House Applications or identify new suppliers as part of their overall Digital and IT transformation projects to stay competitive, fend off threats from disruptive forces, or comply with internal mandates to improve overall enterprise efficiency.
We have been analyzing Agriculture Insurance Co. of India revenues, which have grown to $90.0 million in 2024, plus its IT budget and roadmap, cloud software purchases, aggregating massive amounts of data points that form the basis of our forecast assumptions for Agriculture Insurance Co. of India intention to invest in emerging technologies such as AI, Machine Learning, IoT, Blockchain, Autonomous Database or in cloud-based ERP, HCM, CRM, EPM, Procurement or Treasury applications.
Agriculture Insurance Co. of India Tech Stack and Enterprise Applications
Agriculture Insurance Co. of India ERP Services and Operations
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| In-House Applications | Legacy | SEWANxt Claims Management | Insurance Claims Management | ERP Services and Operations | n/a | 2018 | 2018 |
In 2018, Agriculture Insurance Co. of India implemented SEWANxt Claims Management, a next-generation core insurance solution built in-house by its Software Development Group. SEWANxt Claims Management is deployed as an end-to-end Insurance Claims Management platform that underpins AIC’s delivery of flagship Government of India schemes including Pradhan Mantri Fasal Bima Yojana and the Restructured Weather-Based Crop Insurance Scheme, and automates processes for over 70 variants of agriculture, allied and livestock insurance products including programs under the National Livestock Mission and the National Fisheries Development Programme.
The implementation comprises three integrated components, the SEWANxt Portal, the Field Operations Remote Monitoring Android mobile app known as FORM, and the SARUS Android mobile app, providing modular capabilities across underwriting, claims processing, financial management, grievance redressal, and legal and internal audit compliance. SEWANxt implements smart enrolment workflows using identity documents such as Aadhaar, PAN, driving licence and voter ID for de-duplication, a biometric muzzle recognition capability for livestock authentication, and field data capture with geo-tagged, timestamped claim reporting and digital field inspection tools.
Architecturally the platform exposes an open API ecosystem to enable secure, real-time integration with external services explicitly including Bharat Bill Payment System, DigiLocker, CSC e-Governance Services and Central KYC for identity verification. The platform also embeds automated loss assessment using satellite imagery and remote sensing combined with digital inspection, and supports an integrated digital payments stack for premium collection via UPI, net banking, credit and debit cards and personalized payment links, with claim disbursements routed through Direct Benefit Transfer.
Governance and operational orchestration are managed within AIC’s Software Development Group, with SEWANxt instrumenting field operations monitoring and end-to-end workflow automation for onboarding, claim intimation, survey and settlement. The configuration centralizes compliance functions for grievance redressal and legal and internal audit, enabling consistent process controls across program deployments and field teams.
SEWANxt demonstrates significant operational scale, processing 50 million data records annually and delivering traceability features such as biometric muzzle recognition to reduce fraud risk and geo-tagged field reporting to improve claim auditability. The platform was recognized as Technology Initiative of the Year, and SEWANxt Claims Management remains the central Insurance Claims Management system driving AIC’s digital underwriting and claims operations.
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Insurance Policy Administration | ERP Services and Operations |
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2018 | 2018 |
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IT Decision Makers and Key Stakeholders at Agriculture Insurance Co. of India
| First Name | Last Name | Title | Function | Department | Phone | |
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Chief Manager | CXO | Operation | |
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Administrative Officer | Non Manager | Operation | |
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IT Manager | Manager | IT | |
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Administrative Officer IT | Non Manager | IT | |
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Apps Being Evaluated by Agriculture Insurance Co. of India Executives
| Date | Company | Status | Vendor | Product | Category | Market |
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| No data found | ||||||