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Perot Systems Bags Five Year Contract Extension With Old Mutual

As per the terms of the agreement, Perot Systems will continue to offer insurance policy administration and IT solutions

Perot Systems Corporation has been awarded a five-year extension of administrative services agreement with Old Mutual US Life, a financial services organisation.

The deal extends the current seven-year alliance until 2014. As per the terms of the agreement, Perot Systems will continue to offer insurance policy administration and IT solutions.

The contract extension will be responsible in handling different businesses alongwith providing customer service, including call center and claims support, policyholder and new business administrative services, as well as product configuration and implementation.

Peter Altabef, president and CEO of Perot Systems, said: “It is an honor to support Old Mutual U.S. Life and their efforts to help families and businesses achieve secure financial futures. We are committed to helping Old Mutual U.S. Life grow their business and further enhance the experience of their customers.”

Perot Systems provides end-to-end business process, consulting, application and infrastructure solutions to the life insurance and annuity industries, through its licensed insurance subsidiary.