If P&C Insurance renews IT outsourcing agreement with Tieto
(Thomson Reuters ONE) -
Tieto Corporation STOCK EXCHANGE RELEASE 28 June 2010, 8.30 am EET
If P&C Insurance has concluded a new five-year IT services agreement with Tieto
as a one-stop supplier. The contract includes operations management services for
If's IT systems in the Nordic countries. If is the leading property and casualty
insurance company in the Nordic region, with about 3.6 million customers in the
Nordic and Baltic countries and operations in Russia as well.
The total value of the contract is approximately EUR 160 million. The delivery
will be made in co-operation with Atea, who will contribute as a subcontractor
on client services in end user services.
The co-operation between If and Tieto goes back to 2001, and at that time it
covered only Finland. During 2005, the co-operation expanded and If outsourced
its server operations and end user services in the Nordic countries to Tieto.
The new agreement will increase the use of Tieto's standard capacity services in
If's business critical service delivery and thus the service will be even more
flexible and cost-efficient for If.
Adam Harhoff, CEO of If IT Services, says: "Tieto has shown a strong commitment
to ensure that IT operations are working well for If. With the new agreement
Tieto has taken Atea as their delivery partner, to strengthen the total
delivery. In this way Tieto demonstrates strategic alignment and focus on If's
needs and ambitions. We are looking forward to continuing our relations and
improving our IT operations and infrastructure."
Per Johanson, Executive Vice President at Tieto Financial Services, says: "We're
proud of the trust in us that If has shown, and look forward to developing this
partnership further. For Tieto, this agreement means strengthening our position
as the leading Nordic outsourcing partner for the Financial Services industry."
For further information please contact:
Per Johanson, Executive Vice President, Financial Services, Tieto, tel. +46
76 821 2029
Kjell Rune Tveita, CIO, If P&C Insurance, tel. +47 934 79 516
TIETO CORPORATION
DISTRIBUTION
NASDAQ OMX Helsinki
NASDAQ OMX Stockholm
Principal media
Tieto is an IT service company providing IT, R&D and consulting services. With
approximately 17 000 experts, we are among the leading IT service companies in
Northern Europe and the global leader in selected segments. We specialize in
areas where we have the deepest understanding of our customers' businesses and
needs. Our superior customer centricity and expertise in digital services set us
apart from our competitors.
www.tieto.com
If is the leading property and casualty insurance company in the Nordic region
as well as to Nordic customers with international operations. Today we have
approximately 3.6 million customers in the Nordic and Baltic countries. Since
2007 we are also present in Russia. www.if-insurance.com
[HUG#1427638]
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Source: Tieto Oyj via Thomson Reuters ONE
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Datum: 28.06.2010 - 07:31 Uhr
Sprache: Deutsch
News-ID 23068
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"If P&C Insurance renews IT outsourcing agreement with Tieto"
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