Infosys, a leading IT company in India, has acquired American tech company Stratus, which operates in the property-casualty insurance sector, for $ 95 million. Infosys aims to strengthen its presence in the sector by acquiring Stratus, which provides software and consulting services required for the insurance sector.

Stratus is a company with more than 450 employees in the US, Canada and India. They have great expertise in providing services such as software upgrades and cloud migration required by insurance companies. In addition, the company is also a key partner of Guidewire Software, which helps manage policies and claims.

Stratus' practical knowledge in the insurance sector and Infosys' artificial intelligence (AI) and cloud systems will bring about big changes in this sector. The company stated that this new step will help insurance companies around the world to further innovate their operations, increase efficiency and ensure better customer service with the help of AI technology.