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Markets: ERGO makes Mumbai development centre part of global hub

Fiinews by Fiinews
March 1, 2022
in Markets, Technology
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Mehmood Mansoori wants to create a world-class work environment

Poland’s ERGO Technology & Services Management AG will use cutting-edge technologies and platforms at its newly launched offshore development centre in Mumbai that would eventually become a global hub for the group, combining complementary state-of-the-art on-shore (Germany) and near shore (Poland) operations.

ERGO Technology & Services Private Limited (ET&S Pvt Ltd), 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.

“ERGO is not a new name in India. 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,” Mehmood Mansoori, MD & CEO, ET&S Pvt Ltd, said on 28 Feb 2022.

“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.”

Located in Mumbai, the new Tech Hub is committed to creating value by leveraging the exceptional and globally demanded talent pool of Indian IT professionals. ET&S Pvt Ltd, being part of the global Hub structure of ET&SM, will offer unique career opportunities in diverse technologies across insurance domains and evolve as knowledge-centric organization, providing international growth opportunities and a multicultural working environment.

ET&S Pvt Ltd’s working culture will focus on diversity, inclusiveness and collaborative growth. With an ambitious scale-up plan for the coming years, aiming to add around 400 employees by 2023, the Tech Hub has begun its recruitment drive and has already on-boarded some key members to its leadership team.

Based on its Target Operating Model, the software, supporting services and infrastructure are organized in three Hubs (Onshore, Nearshore and Offshore) in Germany (ITERGO Informationstechnologie GmbH), Poland (ERGO Technology & Services S.A.) and India (ERGO Technology & Services Private Limited). fiinews.com

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