IT services and advisory firm CGI has landed another new contract in the first quarter of 2020, with the news it will provide services to insurance firm Admiral over the next five years. The move extends a partnership between CGI and Admiral which already spans 25 years.
From changing business models and cyber risk to change management, insurers face a myriad of changes in the coming years. Automotive insurers, for example, will have to contend with the increasing sophistication of self-driving cars – likely to radically alter the ownership and risks associated with vehicle use – among a number of other challenges. In this environment, insurers will need to be able to rely on their ever more complex IT systems for accurate and swift support.
To that end, Admiral, a leading provider of car insurance in the UK, has signed a new five-year contract with professional services firm CGI. The five-year deal will see CGI take its working relationship with Admiral to over 30 years. It will continue to provide the insurer with IT services, as well as use of its UK wing’s enterprise rating software, Ratabase, which is integrated with Admiral’s core policy administration system.
