DOX•Amdocs acquired insurance technology provider EIS for approximately $340 million in cash, with additional consideration possible based on performance metrics. The deal marks Amdocs’ entry into the insurance industry.
Amdocs acquired EIS for approximately $340 million in cash. Additional consideration may be paid based on the achievement of certain performance metrics.
The acquisition gives Amdocs a cloud-native insurance platform, an established global customer base and expertise across life, annuity, property and casualty insurance. Amdocs plans to extend its aOS agentic operating system into insurance to bring AI capabilities to EIS’ core platform.
