In today’s rapidly evolving digital landscape, Magma General Insurance is taking bold steps to modernize its technological backbone. As a leading player in India’s insurance sector, the company offers a diverse portfolio of over 70 products across motor, health, personal accident, home, and commercial insurance. Backed by Sanoti Properties LLP, Magma has consistently prioritised operational excellence and customer-centric service. To stay ahead in an increasingly competitive market, the company is now embracing a digital transformation by migrating its core insurance applications to Oracle Cloud Infrastructure (OCI). This strategic move is enhancing scalability, fortifying data security, and optimising business operations. A new digital chapter for Magma General Insurance Leading this digital revolution is Amit Thapliyal, Chief Technology Officer of Magma General Insurance. Thapliyal, who brings extensive experience from his tenure at Cigna, AXA, and the National Stock Exchange, has been instrumental in driving Magma’s cloud migration. “Technology today is the backbone of any organisation. Five years ago, it was not a boardroom discussion. Today, it’s the only discussion,” he states. The shift to OCI was not merely a technological upgrade but a strategic move to future-proof the company’s operations. “We were previously operating from two large data centres in India […]
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