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Technology - Outsourcing - CSC signs 10-year outsourcing deal with Swiss Re Life & Health.
(From Reinsurance)
Computer Sciences Corporation (CSC) has signed a 10-year business process outsourcing deal with Swiss Re Life & Health worth $700m over the period.
Under the agreement CSC will provide life and health insurance policy processing services for Swiss Re in the US, along with Swiss Re's recently bought closed book of UK business formerly owned by Zurich Life.
The deal is an expansion on the relationship that the two companies have had since 1995. CSC currently delivers end-to-end insurance processing in the US for the two million life and health insurance policies managed through Swiss Re's Admin Re business.
Weldon Wilson, chief executive of Swiss Re Life & ...
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