Getronics PinkRoccade in the Netherlands, announced today it has signed a major contract with Delta Lloyd Group for the development and management of a new ICT platform to handle general insurance. The contract runs until 1 January 2009.
Delta Lloyd Group is centralising the back office processes for the general insurance provided by its 3 brands - Delta Lloyd, OHRA and ABN AMRO Verzekeringen- in a Shared Service Centre (SSC).
Getronics PinkRoccade will develop a sophisticated new ICT platform and will manage the integral development, implementation, maintenance, and operation of an automation system for the general insurance SSC. TIA, a standard insurance package, will form the basis of this system.
The system will be tailored to make it suitable for policy registration and for handling claims on general insurance products. It will be able to manage the processing of large quantities of policies and will communicate with all internal and external open source systems.
The insurance products will be introduced into the new system in stages before 1 January 2007. The service will be provided based on Service level Agreements that meet the business objectives as defined by Delta Lloyd Group.
For Delta Lloyd Group, this initiative will result in considerable reductions in the cost of back office processes.
Getronics PinkRoccade was chosen because of its knowledge and experience in both ICT and business processes, as well as for its knowledge of BPO service provision in the financial market, including indemnity insurance.
This contract strengthens Getronics PinkRoccade's position as an ICT and business partner for providers of financial services.
About Getronics PinkRoccade in the Netherlands
With approximately 28,000 employees in more than 30 countries and a turnover of EUR 3 billion, Getronics is one of the world's leading providers of ICT solutions and services.
In the Netherlands, Getronics PinkRoccade strengthens the business processes of its customers by the intelligent and effective application of ICT at a strategic, operational and managerial level, enabling its customers to focus fully on their core business. Organisations that work with informationintensive processes, such as governments, financial services providers, industries and healthcare organisations know Getronics PinkRoccade to be a thorough and reliable partner. With around 10,000 employees, Getronics PinkRoccade is the largest ICT service provider in the Netherlands.
About Delta Lloyd Group
As a customer-focused and service-oriented financial service provider, Delta Lloyd Group offers its customers security through risk insurance, income protection and wealth growth. Strong brands - Delta Lloyd, OHRA and ABN AMRO Insurance - enable the company to deliver a wide range of products and services through the consumer's distribution channel of choice: from simple savings products to complex insurance and pensions products and financial planning services.
Delta Lloyd Group aims to be one of the leading financial service providers in the Netherlands, Belgium and Germany. To this end, the Group pursues its core activities in profitable markets that offer sufficient scale.
Delta Lloyd Group employs approximately 6,500 staff (in FTEs). The Group consists of nine divisions and is active in four countries.
Press enquiries: Investor enquiries:
Getronics Media Relations Getronics Investor Relations
Tel: +31 20 586 1581 Tel: +31 20 586 1964
Fax: +31 20 586 1455 Fax: +31 20 586 1455
media@getronics.com investor.relations@getronics.com
Legal Notices
As announced, Getronics N.V. ("Getronics") contemplates to conduct a rights offering to (a "Rights Offering"). This announcement does not constitute, and cannot be deemed to constitute, an offering or an invitation to subscribe for or to purchase ordinary shares in Getronics ("Ordinary Shares"), pursuant to any granting of rights to subscribe for such shares (the "Rights") or otherwise, or an announcement that any such offering or invitation is forthcoming. In connection with a Rights Offering, Getronics would publish a prospectus.
Potential investors in Rights or Ordinary Shares are expressly advised that an investment in the Rights or the new Ordinary Shares and trading in the Rights entails financial risk and that they should therefore carefully review the entire contents of any prospectus published in connection with a Rights Offering.The distribution of this announcement in or into certain jurisdictions may be restricted by law. No action has been taken by Getronics or any other party (including any financial institutions that would act as global coordinator, bookrunner, underwriter, subscription agent or listing agent in connection with a Rights Offering) that would permit the distribution of this announcement or any material relating to an offering or grant of Rights or an offering or issue of new Ordinary Shares in Getronics to, in or into any jurisdiction where action for that purpose is required. Persons into whose possession this announcement comes are required by Getronics and any financial institution involved in a Rights Offering to inform themselves about and to observe any such restrictions. Neither any Rights nor any new Ordinary Shares to be issued in connection with a Rights Offering have been or will be registered under the United States Securities Act of 1933 or under the relevant securities laws of any state of the United States or any other jurisdiction.
Certain statements contained in this announcement are ‘forward-looking statements’. These forward-looking statements are based on Getronics' beliefs and assumptions and on information currently available to it. Readers are cautioned that these forwardlooking statements are subject to risks, uncertainties and other factors that could cause actual results to differ materially from future results expressed or implied by them and from historical trends. Important factors that could cause actual results to differ materially from the information set forth in any forward-looking statements include, but are not limited to the financing position, business, revenue, expenses, profitability, synergies, cost savings, strategy, acquisitions, dispositions, services, products and operating and capital requirements, prospective growth opportunities, potential operating performance improvements of Getronics generally and expected trends in the industries in which Getronics operates. Getronics cautions that the foregoing going list of important factors is not exhaustive. Many of these factors are beyond Getronics' ability to control or to predict. Given these uncertainties, readers are cautioned not to place undue reliance on any forward-looking statement. Getronics undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.