Tryg Awards Accenture Five-Year Application Development and Maintenance Services Contract

  Tryg Awards Accenture Five-Year Application Development and Maintenance
  Services Contract

Business Wire

COPENHAGEN, Denmark -- January 31, 2014

Tryg, the second largest general insurer in the Nordic region, and Accenture
(NYSE:ACN) have signed a five-year agreement under which Accenture will
provide the insurer with application development and maintenance services. The
agreement is designed to further optimize returns on Tryg’s IT investment and
enhance customer service.

Accenture will manage and enhance all of Tryg’s existing non-core insurance
applications, including finance and accounting, customer relationship
management and web solutions, which support the insurer’s operations in
Denmark and Norway. The initiative is part of Tryg’s broader strategic program
designed to improve operational efficiency, reduce costs and increase customer
satisfaction.

“Business agility and profitable growth are more than ever based on
organizations’ ability to generate value from their IT systems,” said Espen
Opedal, Tryg’s Chief Information Officer. “To provide excellence in customer
service while lowering costs in a rapidly changing business and technology
environment, Tryg needs to ensure that its IT applications are not only
exceptionally reliable, but also flexible and continuously improved. Accenture
is a longstanding business partner for Tryg, and we rely on the company’s
global experience with application development and maintenance and deep
industry knowledge to help us generate more speed, value and quality, with
less cost, complexity, and risk.”

“Tryg joins the group of international high performing financial institutions
that have shown how it’s possible to increase the value and the flexibility of
IT while lowering costs, using outsourcing as the change enabler,” said Bent
Dalager, managing director for Accenture’s Financial Services group in the
Nordics. “Innovative insurers like Tryg can lower their IT spend and increase
value-generating activities, adapting their application landscape as business
evolves. We are very pleased to have been selected by Tryg for this strategic
initiative and we look forward to helping them further reduce costs while
driving continuous innovation.”

About Accenture

Accenture is a global management consulting, technology services and
outsourcing company, with approximately 281,000 people serving clients in more
than 120 countries. Combining unparalleled experience, comprehensive
capabilities across all industries and business functions, and extensive
research on the world’s most successful companies, Accenture collaborates with
clients to help them become high-performance businesses and governments. The
company generated net revenues of US$28.6 billion for the fiscal year ended
Aug. 31, 2013. Its home page is www.accenture.com.

About Tryg

Tryg is the second largest general insurer in the Nordic region present in
Denmark, Norway and Sweden. Tryg is listed on Nasdaq OMX Copenhagen. Each day
Tryg’s approximately 3,700 employees create peace of mind and value for more
than 2.7 million customers.

Contact:

Accenture
Thomas Holt Christensen, + 45 2528 8891
thomas.christensen@accenture.com
or
Francois Luu, + 33 6 60 53 84 28
francois.luu@accenture.com
 
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