Infosys McCamish Systems LLC, an Infosys BPO company, and M Financial Group have extended their 10-year BPO contract till 2025, the companies said.
For the last 15 years, Infosys McCamish has been managing the customer care center, policy administration, and claims processing activities for MagnastarÂ®, one of M Financial´s signature proprietary life insurance products. MagnastarÂ® is a multi-carrier, private placement, variable universal life insurance product available exclusively to M Member Firms.
With more than 140 member firms in 37 states, the United Kingdom, and the United Arab Emirates, M Financial Group has, since 1978, provided a network of independent insurance, investment, and executive benefit firms.
Infosys McCamish, a US-based subsidiary of Infosys Edgeverve, a part of Infosys (NYSE: INFY), provides technology platforms and service solutions for the financial services industry.
Infosys BPO, the business process outsourcing subsidiary of Infosys, was set up in April 2002. Infosys BPO focuses on integrated end-to-end outsourcing and delivers transformational benefits to its clients through reduced costs, ongoing productivity improvements, and process reengineering. Infosys BPO operates in India, Poland, the Czech Republic, the Netherlands, Ireland, South Africa, Brazil, Mexico, Costa Rica, the United States, Puerto Rico, China, the Philippines, Singapore, and Australia, and as of December 31, 2015, employed 33,208 people.