Quindell Portfolio secures new agreement with Honda
AIM-listed Quindell Portfolio, the provider of software, consultancy and technology has announced a new agreement with Honda to handle a range of accident management services for the motor manufacturer's UK customers.
AIM-listed Quindell Portfolio, the provider of software, consultancy and technology has announced a new agreement with Honda to handle a range of accident management services for the motor manufacturer's UK customers.
Quindell Portfolio said that the contract followed a period of co-operation which started in January 2013 and said that it expected group revenues to build to a significant level during the three-year term. Under the terms of the agreement, Quindell said it would deliver a range of accident management services to Honda customers.
Marcus Comfort, Aftersales Programmes Manager at Honda (UK) commented: "Quindell have created a compelling proposition for Honda, and we believe the partnership will deliver an improved customer experience."
David Sandhu, Group Chief Operating Officer at Quindell, said: "This contract with Honda is one of a number of new clients that we have won so far in the current quarter, due to our continued focus on an ethical approach for the industry."
He added: "These clients in combination represent additional tens of millions per annum in outsourcing revenues for the Group, with a combination of a number of major vehicle manufacturers, accident management companies, major insurers and brokers, which all underpin our confidence in continued growth in 2013 and beyond".
Quindell's share price was up 2.94% to 8.75p at 08:41 on Wednesday.
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