Sherwood’s software will support a new product and service to the Insurance Market called Consumer Direct which has been jointly developed by Capita Eastgate and Cap Gemini Ernst & Young. Its first customer is Abbey National with many other insurance parties showing interest in the product and services provided.
The ProGen2 technology is a proven solution for all lines of general insurance, catering for e-business, EDI and is Euro compliant. Capita Eastgate fully expects that this software will play a key role in enabling them to have a competitive edge in offering business transformation services to the UK insurance industry.
Commenting on the announcement, Ian Bullen, Director of Insurance Markets at Sherwood International, says, We are delighted to have the opportunity to work with Capita Eastgate in supporting their drive into the financial services marketplace. This contract is further evidence of Sherwood’s commitment to the general insurance market.
Phil Braithwaite, Capita’s Group Commercial Director, says, We have every confidence that Sherwood International will bring quality of product and service, supporting and enabling the development of our offering to the Insurance Market.
The Capita Group Plc
The Capita Group Plc is one of the largest and fastest growing professional support services organisations in the UK. Capita provides an integrated range of professional support services on long-term contracts across the private sector, local and central government and education in the UK. With in excess of 11,000 people working across a network of over 120 sites, generating a turnover in excess of GBP450m. Capita entered the FTSE 100 in 2000.
Capita Eastgate (formerly the Eastgate Group, acquired in October 2000) focuses on the provision of services to the insurance industry.
The business supports over 150 syndicates and London Market insurers and is the largest third party claims administrator in the UK, handling over 3 million helpline calls a year and providing legal expenses insurance for almost 2 million households.
