Genpact has acquired OnSource, an Inspection-as-a-Service (IaaS) provider for property and casualty (P&C) insurance carriers and their customers. Terms of the deal were not disclosed.
The OnSource IaaS product will leverage Genpact Cora, Genpact’s artificial intelligence-based digital platform, says the company.
Morgan Partners acted as an advisor to Genpact on this transaction and DH Capital acted as an advisor to OnSource.
[Image courtesy: OnSource]