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Infosys to Acquire Leading Insurance Consulting Technology Company, Stratus
Prnewswire· 2026-03-25 19:48
Core Insights - Infosys has announced a definitive agreement to acquire Stratus, a leading technology solutions provider for the property & casualty (P&C) insurance industry, which will enhance Infosys' leadership in the insurance sector and accelerate AI-powered digital transformation for global P&C insurance clients [1][3]. Company Overview - Stratus is headquartered in the United States and has a team of over 450 experts with deep industry knowledge and advanced technology capabilities, specializing in Guidewire Software solutions for P&C insurers [2]. - The company offers end-to-end Guidewire InsuranceSuite capabilities, including PolicyCenter, ClaimCenter, BillingCenter, and cloud migrations, supported by industry-specific accelerators for faster transformations [2][5]. Strategic Benefits - The integration of Stratus' Guidewire and P&C insurance consulting expertise with Infosys' global reach and AI offerings will enable better support for insurers in core modernization, cloud adoption, and data-driven transformation [3]. - This acquisition is expected to expand Infosys' presence with new insurance customers and key buying centers globally, enhancing customer experience and operational efficiency [3][4]. Leadership Perspectives - Kannan Amaresh, SVP & Head of Insurance at Infosys, emphasized that AI is transforming the insurance industry, particularly in claims automation and risk modeling, and that the acquisition will unlock AI value for P&C insurers [4]. - Chuck Fillizola, CEO of Stratus, stated that joining Infosys will allow Stratus to scale its mission of modernizing core platforms for insurers while maintaining a human-centered culture [4]. Transaction Details - The transaction is anticipated to close during the first quarter of FY 2027, pending the completion of closing conditions [4].