27 April 2015

Cognizant wins $330m ING US contract

15 June 2012  |  4581 views  |  0 Outsourcing Strategies

ING US has inked a seven year, $330 million, insurance business process services contract with Cognizant that sees 1000 employees transfer to the vendor.

Under the deal, more than 1000 ING US employees in Minot, North Dakota and Des Moines, Iowa will move to Cognizant. The vendor is buying the Minot facility and sub-leasing the Des Moines offices.

The staff will form part of a new centre of excellence for insurance and finance business process services serving FS clients.

Gordon Coburn, president, Cognizant, says: "Our new centre of excellence will serve as a key long-term component of our global delivery network and is yet another step in our ever-expanding in-country delivery capability."

Rob Leary, president and COO, ING US, adds: "Leveraging Cognizant's expertise will help us operate more efficiently while delivering the high levels of support our customers and distribution partners have come to expect."

Comments: (0)

Comment on this story (membership required)
Log in to receive notifications when someone posts a comment

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board, sign up now.

Related blogs

Create a blog about this story (membership required)

Related stories

15 October, 2009

Related company news

 

Top topics

Most viewed Most shared
Banks on the brink as customer experience...
8626 views comments | 46 tweets | 38 linkedin
Finextra Future Money Day 1 - Live blog
5682 views comments | 7 tweets | 5 linkedin
Future Money roundup: Big banks have their...
4826 views comments | 17 tweets | 9 linkedin
SunGard explores possible sale - Reuters
4315 views comments | 14 tweets | 8 linkedin
Commerzbank venture fund invests in eToro
4219 views comments | 10 tweets | 4 linkedin

Featured job

to $120K base, double OTE, benefits
New York City, NY or Boston, MA (USA)

Find your next job