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Concept
Exigen Services
Summary
Exigen Services recently merged and renamed to Emergn. Insurance Software production under Exigen Insurance Solutions has separated and was renamed to EIS.
Exigen Group was founded in 1999 by Alec Miloslavsky and Greg Shenkman. They are the entrepreneurs behind Genesys Labs, which has been sold twice for over $1 billion. Most recently, Genesys was acquired by Permira, a leading private equity firm.
The company started with the goal of developing Business Process Utilities (BPU): business process automation solutions for the insurance and financial services industries. Over the years, Exigen Services demonstrated stable growth and expansion to other markets, acquiring IT companies along the way, including SoftwareHouse (SWH), a high-tech research and development firm located in Riga, Latvia; and DATI, the largest systems development organization in the Baltic States.
In 2006, Exigen Services was spun off to form a separate company providing application development services, while Exigen Capital, a private equity firm, focused on IT-based transformation investments.
In 2007, Exigen Services merged with StarSoft Developments Labs, an application outsourcing provider specializing in Agile application development with delivery centers in Russia and other CIS countries.
In 2009, Exigen Services acquired China-based software outsourcing company, Taihoo Technology.
The company also achieved Inc. 5000 rankings among the top 50 fastest-growing companies in the San Francisco area, and the top 100 largest companies by employee numbers. During the same period evaluated by the Inc. 5000, Exigen Services achieved a number of other recognitions for leadership in the application outsourcing industry, including the #1 ranking for software testing and quality assurance services in outsourcing in the 2008 Brown & Wilson Black Book of Outsourcing. The company was also listed on the Global Services 100 and the International Association of Outsourcing Professionals’ (IAOP) Global Outsourcing 100 for multiple years between 2005 and 2008.
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