Androgen Insensitivity Syndrome could certainly produce a person who would have the din of an androginus, though it is not the exclusive cause of the rare condition where a person has both male and female genitals. Even in AIS, only a certain type of partial insensitivity, called Reifenstein syndrome, would be the androginus of the Gemorra. Such a person would have the chumros of both a man and a woman, being obligated in even time related mitzvos but not counting towards a minyan, for example. Also, such a person could not marry a man or a woman.
Also fascinating is that complete AIS would cause a person to completely appear to be female but be missing a uterus, which may be the condition called eilonis in the Gemorra. If so, it would illustrate that having XY chromosomes, which in science define a person as a male, is not the exclusive factor in halacha, as halacha considers an eilonis to be a sterile female and says that Sorah Imeinu was originally an eilonis.