TrygVesta and CSC sign DKK 1b outsourcing contract 20 December 2007
TrygVesta, the second-largest insurance company in the Nordic region, has signed a new five year, DKK 1 billion IT outsourcing contract renewal with Computer Sciences Corporation (NYSE: CSC). The new agreement, which takes effect Jan. 1, 2008, expands geographic coverage to all of the Nordic Region.
Under the terms of the agreement, which supersedes the previous agreement signed in 2003, CSC will continue to provide help desk, mainframe, midrange, web hosting, and print and distributed computing services. These services will support approximately 3,900 users at TrygVesta locations throughout the Nordic countries.
"We are pleased to extend and expand our existing relationship with CSC in signing this new agreement to support our insurance activities across the Nordic Countries," said Peter Falkenham, Chief Operating Officer of TrygVesta. "It is important to TrygVesta’s business development that we get world-class level of IT support with the geographical breath and depth that matches our goals for the future."
"CSC is delighted to be expanding our relationship with TrygVesta," said Nick Wilson, President of CSC’s Northern European Operations. "This renewal is testament to the benefits they have received from outsourcing. CSC’s expansion and growing expertise within the financial services industry will deliver results that take TrygVesta to the next generation of outsourcing."
For further info, please contact:
Peter Falkenham, Chief Operating Officer, TrygVesta, tel. +45 4420 3030.
Jesper Kryhlmand, Vice President and CEO, CSC Denmark, tel. +45 3614 4510.
About TrygVesta
TrygVesta is the second-largest general insurer in the Nordic region with activities in Denmark, Norway, Finland and Sweden. TrygVesta is the largest general insurer in Denmark and Norway’s third largest general insurer and with rapidly growing activities in Finland and Sweden since 2002 and 2006, respectively.
TrygVesta wants to be perceived as the leading peace-of–mind provider of the Nordic region. TrygVesta aims to prevent concerns from overshadowing our customers’ lives. Throughout 2007, our more than 3,900 employees and our insurance products interacted to provide peace of mind on a daily basis to more than 2 million private customers and more than 100,000 businesses in the Nordic region. TrygVesta sells the majority of its products through our own distribution channels and in addition has a strong strategic partnership with Nordea, one of the largest financial services providers in the Nordic region. For more information, visit www.trygvesta.com.
About CSC
Computer Sciences Corporation is a leading global information technology (IT) services company. CSC’s mission is to provide customers in industry and government with solutions crafted to meet their specific challenges and enable them to profit from the advanced use of technology.
With approximately 87,000 employees, CSC provides innovative solutions for customers around the world by applying leading technologies and CSC’s own advanced capabilities. These include systems design and integration; IT and business process outsourcing; applications software development; Web and application hosting; and management consulting. Headquartered in El Segundo, Calif., CSC reported revenue of $14.9 billion for the 12 months ended March 30, 2007. For more information, visit the company’s Web site at www.csc.com.