SE2, a US based InsureTech firm has expanded its India operations by launching its new Technology and Innovation Center in Pune, which would support its US operations, company already has a center in Gurugram where it already has 550 employees and company is planning to double its overall India workforce to over 1,000 by the end of next year. SE2 supports more than 20 direct clients, represents more than 35 insurance carriers in North America and services more than 1,000 life and annuity products.
SE2 is an third party innovative technology and administration company focused on the North American life and annuity insurance industry which works to improve customer experience and optimize back-office operations to future-proof insurance companies by introducing leading-edge administration technology platforms to help clients launch products rapidly, improve efficiencies, shift to a variable cost model and maximize profits.
Vinod Kachroo, Chief Information Officer, SE2 LLC said “SE2 is providing next-generation capabilities and a full spectrum of integrated, end-to-end digital operation services to life insurance companies in the U.S., As insurers continue to tackle both the challenges and opportunities for the digital evolution, SE2 is helping clients future-proof their businesses and navigate this transformation with a digital-first approach.”
The SE2 Aurum platform supports over 25 customers in the U.S. with over 1000 Life and Annuity products including traditional, variable, universal and interest-sensitive life as well as fixed, variable, indexed, and repetitive payout annuity products across every distribution channel including digital.
Chirag Buch, Managing Partner, SE2 India said “India will enable accelerating the digital journey of the SE2 AurumTMplatform with Pune being an innovation hub, Our centers in India further augment SE2’s ability to deliver end-to-end transformative solutions to our clients that includes technology implementation and seamless conversion from client platforms to SE2 AurumTMand for comprehensive business process operations.”