Plano-based Perot Systems awarded 10-year IT contract with Swiss Re

by PegNews wire

PLANO — Perot Systems Corporation today announced that it has been awarded a 10-year extension to its current administrative services agreement with Swiss Re, a leading and highly diversified global reinsurer. Under 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(TM) 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," said 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."

"We look forward to continuing to build on our relationship with Perot Systems," stated Ken Stewart, Managing Director and President of Reassure America Life Insurance Company, a subsidiary of Swiss Re. "Perot Systems is one of our trusted partners and we look forward to another decade of success."

Perot Systems provides end-to-end business process, consulting, application and infrastructure solutions to the life insurance and annuity industries. The company currently manages more than 3,000,000 policies for more than 30 leading life insurance and annuity providers across the world.

Source: Perot Systems