NTT Data Acquires Alchemy Technology Services to Strengthen Insurance Capabilities

NTT Data has announced the acquisition of Alchemy Technology Services, a specialist insurance technology consultancy. The move reinforces NTT Data’s commitment to advancing digital transformation in the insurance sector, with a focus on agility, scalability, and modernisation.

Alchemy brings strong expertise in the specialty insurance market, particularly within complex and regulated environments such as the London Market. This will enhance NTT Data’s ability to support insurers across specialised and high-value segments.

With more than 15,000 insurance professionals across 26 countries and over 300 clients, including six of the world’s ten largest insurers, NTT Data continues to expand its capabilities in core system implementation, testing, and application management.

Alchemy will become a Global Centre of Excellence, supporting transformation programmes and advancing NTT Data’s modernisation initiatives across key markets. Its academy-based training model, which has developed more than 200 professionals since 2018, will be ...