Plans to raise headcount in Hyderabad to 1,000 in three years
California-based insurtech firm Sureify Labs formally opened on Monday its new office in Hyderabad and announced plans to increase the headcount at the facility from 220 now to 1,000 by 2025.
“We build technology and offer software-as-a-service for life insurance companies and annuity industry,” founder CEO Dustin Yoder said of the firm that is focussed on the North America market.
Sureify has done some work in Japan and is keen on exploring opportunities to work with large life insurers in India as well within the next couple of years. “We are starting to engage with them,” he said after Industries and IT Minister K.T.Rama Rao inaugurated the office.
On the new office in Hyderabad, Mr. Yoder and head of Product Engineering T. Vijay Kumar said the 12,000 sq.ft. tech development centre will be crucial to the company’s growth and was decided to be established in Hyderabad in view of infrastructure and talent availability. Most of the product development and delivery will happen at the facility. Sureify Labs has 100 employees in the U.S.
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