Aviva has acquired a minority stake in Indian third party business process outsourcing service provider EXL Services.

According to a report, the deal went through for $12.5m.

EXL vice chairman and chief executive Vikram Talwar confirmed the investment but refused to give details of the size of the stake acquired, said the report.

Talwar said that the funds from the deal would be used for routine purposes and not for any expansion plans.

The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.

Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.

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