Business Daily from THE HINDU group of publications Saturday, Apr 19, 2008 ePaper | Mobile/PDA Version | Audio |
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Software Info-Tech - Alliances & Joint Ventures
Bangalore, April 18 Infosys Technologies Ltd has announced that Conseco Inc has selected it for a five-year contract to provide development and maintenance services to its key business applications. Conseco — an insurance provider focused on offering financial security for the life, health and retirement needs of middle-market and senior Americans — is partnering with Infosys to jointly support its extensive business applications. “Conseco selected Infosys for this strategic outsourcing initiative because we are confident that Infosys understands the rapidly shifting dynamics in the insurance market, and brings to bear deep technical skills in an innovative service model,” said Mr Russ Bostick, Conseco’s Executive Vice-President and Chief Information Officer. Under the terms of the partnership, Infosys will be supporting several mission-critical IT systems that power Conseco’s business — including new business, policy administration, claims, audit management, marketing, and agent compensation. By centralising the support, maintenance and development of these applications with Infosys, Conseco will be able to deliver navigate business cycles and scale its applications and IT capabilities to meet business demands. – Our Bureau More Stories on : Software | Alliances & Joint Ventures | Infosys Technologies Ltd
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