Infosys Acquires Stratus for $95 Million, Boosting Insurance Tech Capabilities

Infosys is acquiring Stratus Global LLC for up to $95 million in an all-cash deal that hands the Bengaluru-based IT giant a specialized bench of property and casualty insurance technologists at a moment when carriers are racing to automate claims, sharpen underwriting models, and modernize aging core platforms.

Stratus, a New Jersey-based technology consulting firm focused on the P&C insurance segment, has over 450 employees and operates across the United States, Canada, and India. The company specializes in Guidewire services, including implementation, upgrades, cloud migration, and data modernization. Stratus reported revenues of $42.8 million in fiscal year 2025.

The strategic logic centers on product integration. By integrating Stratus' strong Guidewire and P&C insurance platform consulting expertise with Infosys' global reach, Infosys Topaz AI offerings, and Infosys Cobalt cloud offerings, Infosys will be equipped to support insurers in core modernization, cloud adoption, data-driven transformation, and enhancing customer experience. Stratus has a dedicated data practice with capabilities across Guidewire CDA, Data Studio, DataHub and InfoCenter, Databricks, and Microsoft Fabric, positioning it as a differentiated, scaled partner for complex, cloud- and AI-led P&C transformations.

Kannan Amaresh, SVP and Head of Insurance at Infosys, framed the deal around a sector in rapid flux. "AI is fundamentally transforming the global insurance industry, strengthening decision-making across underwriting, claims, and fraud detection, while making systems intelligent and significantly improving operational efficiency," Amaresh said. "The P&C segment is leading AI adoption in the insurance sector, driven by the need for claims automation, advanced underwriting, and sophisticated risk modeling amid claim volumes and elevated risks exposure."

Chuck Fillizola, CEO of Stratus, pointed to execution capability as the differentiator the combined entity brings to insurers. "Stratus was built to help property and casualty insurers modernize their core platforms with deep domain expertise, disciplined execution and meaningful outcomes while putting people at the heart of every engagement," Fillizola said. "The future of insurance transformation requires more than technology. It demands execution rigor and the ability to operationalize AI across delivery and operations. Joining Infosys allows us to carry this mission forward at global scale by combining our Guidewire and P&C specialization with Infosys Topaz and Infosys Cobalt."

The Stratus deal was not announced in isolation. Infosys on March 25 said it has signed agreements to acquire two U.S.-based firms, Optimum Healthcare IT and Stratus, in deals worth up to $560 million. The Bengaluru-headquartered company will acquire Optimum Healthcare IT for up to $465 million and Stratus for up to $95 million, as disclosed in a regulatory filing. Founded in 2012, Optimum Healthcare IT provides services across enterprise applications, digital transformation, and workforce management for hospitals and health systems. About 1,600 Optimum employees will move to Infosys as part of that deal.

Analysts noted the two acquisitions will strengthen Infosys' verticalised consulting and digital transformation capabilities across provider-side healthcare IT and property and casualty insurance, specifically around Guidewire-led core modernization, data, and cloud transformation platforms. Analysts believe these acquisitions strategically align Infosys with AI-led transformation and will boost revenue growth in fiscal year 2027.

Both transactions will be funded through cash consideration and involve the acquisition of 100 percent ownership in the respective companies. The deals remain subject to customary closing conditions. The company's board approved the acquisitions at a meeting held on March 25, 2026. The Stratus deal is expected to close in the first quarter of fiscal year 2027, subject to customary closing conditions.