US financial services firm The Standard opens new GCC in India
The GCC of The Standard will be operating at two sites, Bengaluru and Pune, which will be its key technology hubs.
The Standard, a US-based provider of insurance, retirement, and investment products, on Monday announced the setting up of a new Global Capability Centre (GCC) in India.
Dubbed StanCorp Global Services India Pvt Ltd (The Standard India), it will initially be staffed by 175 Allstate India Pvt Ltd employees, who became full-time employees of The Standard India across its sites in Bengaluru and Pune. These employees joined the company following The Standard’s acquisition of the Allstate Employer Voluntary Benefits business on April 1, 2025.
The company also indicated that there would be “big hiring” for its India GCC centres as it will support its technology transformation, innovation, and growth.
Mohua Sengupta - country head for India, The Standard
The company also named Mohua Sengupta as Senior Vice President and Country Head for India. Sengupta has nearly 30 years of experience in the banking, financial services, and information technology sectors.
Most recently, she was head of the Novartis India GCC. She has previously held senior leadership positions at 3i Infotech, ITC Infotech, IGATE, Mphasis, Accenture, Wipro, and Royal Bank of Canada.
On the new appointment, Greg Chandler, Executive Vice President of Information Technology at The Standard, said, “Her skills and leadership characteristics fit well with The Standard’s culture, and she will be an incredible asset to our company as we scale and grow our US business.”
“The Standard India will provide access to specialised global talent here in India who will deliver more efficient solutions for current and future customers, and scale more sustainably,” said Mohua Sengupta, Senior Vice President and Country Head for India.
Founded in 1906, The Standard provides a range of financial protection products that include group and individual disability insurance, group life and accidental death and dismemberment insurance, group dental and group vision insurance, voluntary and supplemental benefits, absence management and paid family leave services, retirement plans products and services and individual annuities.
Edited by Suman Singh