ERGO Group AG launches 3rd Tech Hub in Mumbai, India

ERGO Group

ERGO Technology & Services Management AG, the technology arm belonging to international insurance company ERGO Group AG, present in around 30 countries worldwide with over 18 billion euros income, enhances its operational capabilities by launching ERGO Technology & Services Private Limited (ET&S Pvt. Ltd.) in India.

As an offshore development centre, ET&S Pvt. Ltd. in India, together with ITERGO in Germany and ET&S S.A. in Poland, will become part of the global Hub structure of ERGO Technology & Services Management AG (ET&SM). Using cutting-edge technologies and platforms, the three Tech Hubs together will further enhance the operational capabilities of ET&SM to accelerate digitalisation at ERGO Group AG in its ambition to become a leading tech-driven insurer by 2025. The three Tech Hubs’ unique structure will further boost ERGO Group’s agility and digital expertise, combining complementary state-of-the-art on-shore (Germany), near shore (Poland) and offshore (India) development centres.

Mehmood Mansoori, MD & CEO, ET&S Pvt. Ltd., India said, “ERGO is not a new name in the country. We have been here since 2008 with our partner HDFC Limited and our General Insurance joint venture known as HDFC ERGO General Insurance Company Limited, a leading private General Insurance company in the country. With over 4.5 million Indians employed in the IT-ITeS sector, which accounts for 52% of the market share in IT services exports, India is the technology hub of the world. Our vision is to create a world-class work environment that stimulates creativity and provides start-up agility to support ERGO Group AG’s ambition to become a leading tech-driven insurer by 2025.”

The Banking & Finance Post is an initiative of Elets Technomedia Pvt Ltd, existing since 2003.
Now, Elets' YouTube channel, a treasure of premier innovation-oriented knowledge-conferences and awards, is also active. To Subscribe Free, Click Here.

Get a chance to meet the Who's who of the NBFCs and Insurance industry. Join Us for Upcoming Events and explore business opportunities. Like us on Facebook, connect with us on LinkedIn and follow us on Twitter, Instagram & Pinterest.