Infosys has inked a five-year agreement with Lansforsakringar AB (LFAB) to provide application development and management support for its life and non-life insurance business. The new agreement with Infosys will see Länsförsäkringar AB improve the quality of service and time to market for its alliance members at a reduced cost.
B. G. Srinivas, President, Member of the Board and Head of Europe, Infosys, said, “Our partnership with Länsförsäkringar AB will allow the company to transform and optimize their systems and processes and benefit from improved operational performance. Our talented team based in Sweden will play a central role in delivering world-class services to LFAB using an optimal combination of near shore and global delivery capabilities.”
Infosys will be responsible for the development and management of more than 200 applications across LFAB’s lines of business. To support this engagement, Infosys will provide support from global facilities as well as its local offices in Stockholm, Östersund and Linköping. Both the companies will work together to improve the systems and processes so that member-companies enjoy a more consistent approach to claims and policy administration.
