US insurance firm The Standard expands India presence, opens second GCC in Bengaluru

The Standard, a US-based insurance and financial services firm, has inaugurated its second global capability center (GCC) in Bengaluru, India. This new facility will focus on AI, cloud, data, and digital transformation, marking a significant expan...

ETtech
US-based insurance and financial services company The Standard opened its second global capability centre (GCC) on Tuesday at the Embassy Tech Village in Bengaluru. IT/BT Minister Priyank Kharge inaugurated the facility.

Backed by a strong policy framework, a deep talent pool, and a mature innovation ecosystem, Karnataka, led by Bengaluru, continues to attract global enterprises looking to set up and scale capability centres, Kharge said in a media statement after the event. Standard is expected to further strengthen the state’s leadership in high-value technology investments and innovation-led operations, he added.

The new centre marks the next phase of Standard India’s expansion, following its market entry in November 2025. The Bengaluru facility will focus on building capabilities across AI, cloud, data, analytics, digital transformation, and insurance operations aligned with the company’s global strategy, an official statement said.


The launch also marks the opening of Standard India’s permanent office in Bengaluru, with plans for long-term expansion as the firm deepens its in-house technology capabilities.

Kharge said Karnataka has witnessed sustained momentum in GCC investments, particularly in high-tech domains.

Greg Chandler, executive vice president of information technology at The Standard, said the India operations are playing an increasingly critical role in the company’s tech transformation journey.
ADVERTISEMENT

“The launch of Standard India strengthens our ability to scale technology capabilities, accelerate digital transformation, and deliver solutions faster to customers,” he said, adding that the GCC represents a long-term investment in India’s talent ecosystem.

Since entering India, The Standard has been building its leadership team across key functions including finance, IT, talent acquisition, communications, and HR.

Mohua Sengupta, senior vice president and country head, said the GCC is designed as an integrated hub. “Our structure combines enterprise scale with startup agility, enabling teams to build greenfield capabilities while working closely with global counterparts,” she said.

The centre will support a gradual transition from vendor-led delivery to in-house engineering, aimed at improving operational efficiency and innovation.
ADVERTISEMENT
Download
The Economic Times Business News App
for the Latest News in Business, Sensex, Stock Market Updates & More.
Download
The Economic Times News App
for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
READ MORE
ADVERTISEMENT

READ MORE:

LOGIN & CLAIM

50 TIMESPOINTS

More from our Partners

Loading next story
Business News › Tech › Tech & Internet › US insurance firm The Standard expands India presence, opens second GCC in Bengaluru
Text Size:AAA
Success
This article has been saved

*

+