NTT DATA acquires Alchemy bolstering its insurance tech leadership & Guidewire capabilities

NTT DATA acquired Alchemy Technology Services to expand its global insurance capabilities, especially in the London Market. Alchemy’s Guidewire and specialty insurance expertise strengthens NTT DATA’s 15,000 specialists across 26 countries. The deal supports insurers’ digital transformation, modernization, and scalability, aligning with a projected $230.7 billion IT spend and creating strong growth opportunities.