Datamatics Global Services Limited has informed the Exchange regarding a press release dated April 09, 2026, titled "Datamatics Launches TruAI Underwriting to Transform Insurance Underwriting with Agentic AI.".
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Datamatics has launched TruAI Underwriting, a new Agentic AI-based product designed to help insurance companies speed up and improve their underwriting decisions. The solution is the first offering in Datamatics' enterprise AI suite called TruAI, and it helps underwriters analyse medical records, lab reports, financial data, and other risk inputs more quickly. The company claims the product can cut underwriting turnaround time by up to 70%, reduce costs by up to 50%, and improve accuracy by up to 25%. The final decision still rests with the human underwriter to meet regulatory requirements. This is a product announcement with no disclosed revenue or contract value attached.
This is a product launch that could open up a new revenue stream in the insurance AI space, but there is no immediate financial impact, order win, or revenue figure mentioned. For shareholders, it signals the company's focus on AI-led growth but is unlikely to move the stock price on its own until commercial traction is visible.