Quindell Portfolio, the software services focused on the insurance and telecommunications sectors, has bagged a new five year contract with one of the world's leading risk managers.
The identity of the customer has not been revealed, and neither has the value of the contract, but Quindell did say that the contract will see it provide its Challenger ICE Claims solution, supported by the Challenger ICE Track data analytics and business intelligence platform.
"Our recent announcements have been focused on the motor claims market place due to the significant regulatory change occurring in the industry and the substantial opportunity that is presented to us," noted Rob Terry, Chairman and Group Executive of Quindell.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
"As we move into 2013, we are confident of announcing further deals which demonstrate our ability in property claims, both from a technology and an outsourcing perspective," he added.
JH
-
Is a mortgage in retirement always a bad idea?A mystery shopper exercise shows high street lenders are “shunning” retirees looking to take out a mortgage. Are they right to do so?
-
Three funds to consider as UK small caps trade at 30% discountUK small caps have been unloved for some time, but a shifting economic environment could give them a boost
