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Industry: Email Alert RSS FeedITALIAN INSURANCE GIANT SIGNS $463 MIL PACT WITH EDS.
Mainframe Computing, March, 2007
EDS (NYSE:EDS) and Fondiaria-Sai Insurance Group, Italy's second largest and one of the country's oldest insurance companies, has announced a new, 10-year, $463 million agreement, for information technology (IT) infrastructure management services.
Fondiaria-Sai Insurance Group (the Group), which consists of more than 100 companies and subsidiaries offering insurance, financial services and asset management as well as real estate, agricultural and other services, selected EDS to improve the Group's productivity and help enable the flexibility needed to grow and meet market requirements. As the Group grows, its needs for secure, scalable support for connecting with its companies and subsidiaries also expand.
"As we grow and diversify, we need the IT...
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