BT will provide network and communications technology to Zurich Insurance as part of a $460m deal.

The deal, which is for six years, will cover core networking technologies such as Internet access, IP telephony and local area networking. Other services will be provided such as BT’s MeetMe and the company will also provide connectivity for several of the insurance giant’s data centres.

This is an extensive agreement for BT, which will see it provide services to Zurich offices in 49 countries.

Luis Alvarez, chief executive, BT Global Services, said: "Zurich has entrusted BT to manage its communications network because we understand that it’s critical for global companies to have local capability to serve customers wherever they may be,"

Many of the services BT is providing will be hosted on its IP Connect, this works by converging voice, video and data onto a single IP network in order to provide high availability.

Robert Dickie, chief operations and technology office, Zurich, said: "There are significant advantages in working with a truly global company, not the least of which are the increased agility and efficiency in dealing with one main provider."