Abbey National signs £5.6 million insurance IT contract with Sherwood

Abbey National signs £5.6 million insurance IT contract with Sherwood

Abbey National Financial Services (Anfis - formerly Scottish Provident) has signed a £5.6 million licensing and services contract with insurance technology outfit Sherwood International.

One contract is to manage, support and develop the Anfis implementation of Sherwood's Bliss system for two years (with a one-year extension option). The deal will generate £2 million over the period, says Sherwood. An additional service contract will provide a further £3.6 million over three years.

Implementation will be undertaken in conjunction with Integris, Sherwood's preferred facilities management partner.

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