Conseco Chooses Infosys to Provide IT Services to Its Business Applications
posted in Outsourcing News and Top Outsourcing deals |Source: www.sda-india.com
Conseco, an insurance provider focused on offering financial security for the life, health and retirement needs of middle-market and senior Americans, announced that it has selected Infosys for a five-year contract to provide development and maintenance services to its key business applications.
“We view Infosys as a strong partner for complex work, and we entered into the outsourcing relationship knowing we would like their advice and implementation assistance with other applications initiatives,” said Russ Bostick, Conseco’s executive vice president and Chief Information Officer.
He further added saying that, the company has already benefited by emulating Infosys practices in improving their Conseco India Data Services subsidiary, which provides similar services for other mission-critical Conseco systems.
Under the terms of the deal, Infosys will support several IT systems that power Conseco’s business – including new business, policy administration, claims, audit management, marketing, and agent compensation. By centralizing the support, maintenance and development of these applications with Infosys, Conseco will be able to better navigate business cycles and scale its applications and IT capabilities to meet business demands, claimed Conseco.
Eric Paternoster, senior vice president, Insurance, Healthcare and Life Sciences, Infosys Technologies, said the partnership will support Conseco’s business growth and operational excellence goals.
