Allianz Insurance unit sets up third facility in Kerala

Thiruvananthapuram, Nov 3

ACIS, a wholly-owned subsidiary of Allianz Insurance Plc of the UK, opened its third facility at the Technopark information technology (IT) campus here Tuesday.

British Deputy High Commissioner in southern India Mike Nithavrianakis and Allianz Insurance chief executive Andrew Torrance inaugurated the new facility, which is spread over 40,000 square feet.

The first phase of the facility will seat 250 and be primarily used for global application development and maintenance projects for Allianz.

The facility will seat 600 when complete.

Nithavrianakis described ACIS as an "excellent example" of Indo-British partnership in Kerala.

Torrance said ACIS was on its way to emerging as a shared services centre for Allianz globally.

ACIS is a wholly-owned subsidiary of Allianz Insurance and part of Allianz SE, a global player in the financial services industry serving more than 75 million customers in 70 countries.

Recognising the potential of tier-III cities in India, it launched its IT operations at Technopark in 2003.

In 2004, ACIS forayed into the business process outsourcing (BPO) sector and was also the first to handle voice processes in Kerala.

With the new facility operational, ACIS currently employs 700 professionals.

Last updated on Nov 3^rd, 2009 at 18:41 pm IST--IANS

Possibly related news:

Other News Headlines

Inordinate delay in metro, commuters seek ticket refund

New Delhi, Nov 21

An inordinate delay of nearly 30 minutes on the Dwarka-Noida metro route Saturday morning caught people unaware, leading to snaking queues in the metro stations. Tired of waiting, a number of commuters sought refund of their tickets and took other conveyances for their onward journey.

New micro-endoscope may help detect tumours early

London, Nov 21

Physicians currently insert camera-equipped endoscopes into patients to hunt for visible abnormalities, such as tumours, on internal organs. Now, a researcher is designing one that is capable of seeing deeper and may even help detect tumours at earlier stages.

Government playing sugarcane politics: Mayawati

Lucknow, Nov 21

Uttar Pradesh Chief Minister and Bahujan Samaj Party (BSP) president Mayawati has accused the central government of "deliberately delaying" the decision to withdraw the ordinance on sugarcane pricing in order to gain political

Hindustan Aeronautics to fly light combat chopper soon

Bangalore, Nov 20

A prototype of the light combat helicopter (LCH), designed and developed by the state-run Hindustan Aeronautics Ltd (HAL), is set for its maiden flight soon, a top company official said Friday.

Uttar Pradesh to run new medical colleges under PPP

Lucknow, Nov 20

The six new medical colleges and two para-medical colleges coming up in Uttar Pradesh would be run under a public-private partnership (PPP) arrangement.

Enter Your Name and Email below and Post your comment
Name	Email:
Comment:

Please login to use this service
Usermame :
Password :
Quick signup \| Forgot Password