Infosys, a provider of digital services, business consulting and outsourcing services, is to acquire Stratus, a technology solutions provider for the property and casualty (P&C) insurance industry.
The acquisition, which is expected to be completed by the first quarter of fiscal 2027, subject to satisfaction of closing conditions, is aimed at strengthening Infosys’ position in the insurance industry and accelerating the AI-driven digital and data transformation of property and casualty insurance customers globally.
Stratus is a US-based Guidewire Software partner providing transformation solutions to property and casualty insurance companies.
It provides end-to-end Guidewire InsuranceSuite capabilities across policy centers, claims centers, billing centers, integrations, upgrades, cloud migrations and application hosting services in the United States, Canada and India.
The company provides property and casualty expertise across personal, commercial workers’ compensation and professional areas, supported by industry-specific accelerators and repeatable delivery frameworks to enable faster, high-quality transformation at scale.
With this acquisition, Infosys expands its reach to new insurance customers and key procurement centers globally. It also combines Stratus’ Guidewire and property and casualty insurance platform consulting expertise with Infosys’ global reach, which will enable Infosys to support insurers in core modernization, cloud adoption, data-driven transformation and enhanced customer experience.
Kannan Amaresh, Senior Vice President and Head of Insurance at Infosys, commented: “Artificial intelligence is fundamentally transforming the global insurance industry, enhancing decision-making in underwriting, claims and fraud detection, while making systems intelligent and significantly improving operational efficiency. The need for claims automation, advanced underwriting and complex risk modeling amid rising claims volumes and risk exposures has driven the property and casualty insurance segment to lead the adoption of AI in the insurance industry.
“Infosys is unlocking the value of AI for property and casualty insurance companies through digital and data-led transformation. By combining Stratus’ deep technology consulting capabilities with Infosys’ leadership in insurance, we will further enhance our ability to create value for our clients. We are pleased to welcome Stratus and its leadership team to the Infosys family.”
Stratus CEO Chuck Fillizola added: “Stratus is designed to help property and casualty insurers modernize their core platforms through deep domain expertise, disciplined execution and meaningful results, while putting people at the heart of every engagement. The future of insurance transformation requires more than just technology.”
“It requires disciplined execution and the ability to implement AI across delivery and operations. Joining Infosys allows us to advance this mission globally by combining Guidewire and P&C expertise with Infosys Topaz and Infosys Cobalt. This is a strong strategic fit that accelerates innovation while retaining the consulting-led, people-centric culture that our customers, partners and teams rely on.”
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