Industry Intelligence Mergers and Acquisitions

Accenture Acquires ON Service GROUP

Acquisition to help insurers in Germany improve operational resiliency and drive business growth. Accenture (NYSE: ACN) has acquired ON Service GROUP,…

| October 19, 2023

Acquisition to help insurers in Germany improve operational resiliency and drive business growth.

Accenture (NYSE: ACN) has acquired ON Service GROUP, a leading provider of business process services, specializing in insurance operations. Terms of the transaction were not disclosed.

Acquiring ON Service GROUP enhances Accenture's capabilities in insurance operations, expanding the range of services available to clients in Germany for insurance business processes such as sales and policy administration. The acquisition strengthens Accenture's ability to manage the entire process chain while helping clients optimize operations, be more agile and drive growth through digital services.

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