January 05, 2006
Capita Group PLC and Zurich Financial Services sign 10-year outsourcing contract
Capita Group PLC has announced that it has entered into an agreement with Zurich Financial Services' UK Life operations to provide business processing services over a period of ten years. The contract is worth 300 million stg, under which Capita will also provide customer servicing, policy administration, new business and claims activities and the associated technology. Forbes.com reports:
Rod Aldridge, Executive Chairman of Capita said: 'This contract significantly expands Capita's activity in the Life and Pensions market and reinforces our position at the forefront of delivering added value outsourced solutions for both open and closed books of business.'
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