Coforge Limited — Updates, 30-04-2025: Press Release

Coforge has divested its subsidiary, AdvantageGo, to Sapiens for a base consideration of GBP 43 million. This strategic decision aims to sharpen Coforge's focus on its core Insurance Services business and eliminate channel conflicts with partners in the property and casualty space. The transaction is expected to enhance Coforge's collaboration with Sapiens, driving growth within the insurance sector and aligning with Coforge's goal of leveraging its expertise and technology for advancement in key areas.