Intellect Design rises on launch of digital suite for UK markets

The insurance software division, Intellect SEEC, launched its Digital Distribution Suite for the UK Life and Pension markets

Shares of Intellect Design Arena were up over 3% at Rs 245 after the company announced that its insurance software division, Intellect SEEC, on Wednesday launched its Digital Distribution Suite for the UK Life and Pension markets.

The Digital Distribution suite is designed to strengthen the customer relationship throughout all touch points of the sales and service process, delivering consistent, high quality customer experience irrespective of channel or device, the release said.

Intellect SEEC's innovative approach to technology and the clever modular design allows insurers to choose one or a combination of capability bundles to match their specific circumstance, enabling them to implement a unique package which delivers immediate and long term ROI.
 

The stock opened at Rs 240 and touched a high of Rs 246. At 12:55pm, over 630,000 shares were traded on both the stock exchanges.