SE2, an insurance technology company, plans to increase its India headcount to over 1,000 employees by 2020 and double the job over the next three years to support growth plans.
SE2 India aims to make an annual spend of over $10 million in infrastructure, technology and facilities, Chirag Buch, managing partner of SE2 India, said.
SE2 today announced the opening of its technology and innovation center in Pune, India. The 35,000 square feet center will be responsible for solutions in life and annuities platforms. SE2 provides technology-driven third-party administration services for top U.S. life insurance and annuities companies.
SE2 India, headquartered out of Gurugram, India, started operations in March of 2019 and currently employs a team of 600 associates in the country providing service to SE2’s clients in the U.S.
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.
Vinod Kachroo, CIO of SE2 LLC and Chirag Buch, managing partner of SE2 India at the launch of Technology and Innovation Centre in Pune.