<p>Over 39 per cent of the MphasiS revenues are from the Financial Services and Insurance (FSI) Industry Vertical. This transaction further strengthens the FSI industry offerings of MphasiS with a significantly enhanced insurance solutions portfolio. <br /><br />The acquisition of AIGSS will help MphasiS augment its capabilities for the insurance industry and offer domain solutions, the company said in a release. <br /><br />Based in Chennai and Kolkata, AIGSS has more than 800 employees and provides IT services to AIG and its member companies. <br /><br />Its service offerings include application development and maintenance, application implementation, testing, product development and support. <br /><br />“MphasiS has a strong presence in the insurance vertical, this acquisition further strengthens our ability to add greater value to insurance clients.” MphasiS Chief Executive Officer, Ganesh Ayyar said.</p>
<p>Over 39 per cent of the MphasiS revenues are from the Financial Services and Insurance (FSI) Industry Vertical. This transaction further strengthens the FSI industry offerings of MphasiS with a significantly enhanced insurance solutions portfolio. <br /><br />The acquisition of AIGSS will help MphasiS augment its capabilities for the insurance industry and offer domain solutions, the company said in a release. <br /><br />Based in Chennai and Kolkata, AIGSS has more than 800 employees and provides IT services to AIG and its member companies. <br /><br />Its service offerings include application development and maintenance, application implementation, testing, product development and support. <br /><br />“MphasiS has a strong presence in the insurance vertical, this acquisition further strengthens our ability to add greater value to insurance clients.” MphasiS Chief Executive Officer, Ganesh Ayyar said.</p>