Swiss Re IT Grants 10-Year Contract Extension to Perot Systems

Swiss Re has awarded a 10-year extension to its current administrative services agreement with provider Perot Systems Corporation (Plano, Texas). Under the terms of the renewal agreement, Perot Systems will continue to provide ongoing administrative and business process services, including support for new Swiss Re acquisitions, customer service and transaction processing through Perot Systems LifeSys full service policy administration platform.

"We are committed to helping Swiss Re continue its outstanding record of success in the Life and Health insurance segments," says Peter Altabef, Perot Systems President and CEO. "We are proud to be Swiss Re's trusted administrative services provider as it delivers high-quality services to its customers in the years ahead."

Swiss Re's Ken Stewart, Managing Director and President of Reassure America Life Insurance Company (Armonk, N.Y., a subsidiary of Zurich-based Swiss Re ) comments that the insurer looks forward to continuing to build on its relationship with Perot Systems. "Perot Systems is one of our trusted partners and we look forward to another decade of success," Stewart says.

Anthony O'Donnell has covered technology in the insurance industry since 2000, when he joined the editorial staff of Insurance & Technology. As an editor and reporter for I&T and the InformationWeek Financial Services of TechWeb he has written on all areas of information ... View Full Bio