Shares of IT major HCLTech gained 3% to Rs 1,223 on the BSE on Friday after the IT services company announced a new seven-year agreement with The Guardian Life Insurance Company of America (Guardian), expanding their existing partnership to accelerate AI-led modernisation across the insurer's technology and operations.
Under the expanded agreement, HCLTech will help Guardian scale its AI-powered transformation to support long-term business growth. The partnership aims to improve efficiency, accelerate value creation, reduce operational friction and develop AI-led solutions and intellectual property for the insurance industry.
