Insurance policy administration firm Capita Life & Pensions
is to develop IT applications overseas to cut costs after signing a
five year contract with Steria, which will provide the offshore
development services.
Capita provides insurance firms with outsourcing services to
support front and back-office processes. The five year deal with IT
outsourcing service provider Steria will give Capita offshore
capabilities and help reduce costs.
"Our overall objective was to manage our IT expenditure, so that
we could offer our clients the most cost effective service
possible", said Craig Rodgerson, IT director at Capita Life &
Pensions.
Offshore IT services are in demandas businesses attempt to
reduce costs. Service providers that do not have an offshore
presence have to find ways of providing these services without
building them from scratch.