Infosys signs five-year pact with Swedish insurer


Infosys will serve LFAB from its global facilities as well as from its local offices in Stockholm.

India’s second-largest IT services company, Infosys, today announced it has signed a five-year pact with Swedish group of customer-owned insurance companies Länsförsäkringar AB (LFAB) to provide development assistance and application management for life and non-life insurance companies.

Under the agreement, Infosys will help LFAB improve its quality of service and time to market for members of its alliance at a reduced cost, the Bangalore-based company said in a statement. Infosys will be responsible for the development and management of more than 200 applications in LFAB’s business sectors.

Infosys will serve LFAB from its global facilities as well as from its local offices in Stockholm.

“Our partnership with Länsförsäkringar AB will enable the company to transform and optimize its systems and processes and benefit from improved operational performance,” said BG Srinivas, President and Head of Europe, Infosys. “Our talented team based in Sweden will play a central role in providing world-class services to LFAB using the optimal combination of local and global delivery capabilities.”

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First published: Tue 18 Mar 2014. 18:28 IST


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