Accenture (NYSE: ACN) acquired On Service Group, a Siegburg, Germany-based provider of business process services, specialized in insurance operations.
The terms of the transaction were not disclosed.
Acquiring On Service Group enhances Accenture’s capabilities in insurance operations, expanding the range of services available to clients in Germany for insurance business processes such as sales and policy administration. The acquisition strengthens Accenture’s ability to manage the entire process chain while helping clients optimize operations, be more agile and drive growth through digital services.
Led by Stefan Giesecke, CEO, On Service Group has more than 20 years of experience delivering high-value operations services across property and casualty, life and health insurance processes. The company, which also has additional offices in Hamburg and Munich, brings more than 200 qualified professionals to Accenture Operations, with expertise spanning sales and broker support, policy administration, customer support and process transformation.
FinSMEs
19/10/2023