NIIT Tech bags American Safety Insurance contract

NEW DELHI, INDIA: NIIT Technologies Ltd announced that it has been awarded a global sourcing contract by American Safety Insurance Services, Inc., the Atlanta-based program manager for American Safety Insurance Group, a provider of specialty property and casualty insurance products for small and medium enterprises.

As part of the agreement, NIIT will provide migration, configuration and customization support for ASI’s suite of mission critical applications. The work will be performed collaboratively in an onshore-offshore model between India and the United States. The offshore development center will initially employ a diverse mix of technology consultants which will support ASI’s rating & quoting applications and document management systems. NIIT will also perform integration and configuration services to the Guidewire Claims Center application based on ASI’s user requirements.

“For this vital initiative we wanted to ensure our mission critical applications were in the hands of a process oriented company with expertise in insurance. Through our partnership with NIIT, ASI has the opportunity to access an efficient pool of high quality talent,” said Julia Davis, ASI’s Chief Information Officer. “We are focused on implementing a strategy that will improve the quality of our internal processes, controls and metrics, while building a talented, global workforce that will differentiate ASI in the marketplace.”

“We are pleased to partner with ASI as it aligns its IT organization to improve its operating efficiencies,” said Lalit Dhingra, President (North America), NIIT Technologies. “Our extensive experience and expertise in the financial services market will enable ASI to lower costs while improving the performance of its IT group.”

NIIT was recently ranked in the prestigious 2008 Black Book of Outsourcing Insurance Industry user Survey. According to the survey findings, NIIT

Technologies ranked among Top 3 in the IT Outsourcing Vendors survey in the Insurance industry. The Insurance practice is a key focus vertical of NIIT Technologies contributing 28 percent to the consolidated revenues of the organization.