Technology giant IBM has clinched a ten-year outsourcing deal with Royal & SunAlliance (R&SA).
As part of the deal, 285 of R&SA's IT employees, from a number of sites including Horsham, Liverpool, Bristol and Halifax will transfer to IBM.
No redundancies are planned as a result of the move.
R&SA's average annual spend on IT is around £50m and it is anticipated that 10% savings will be achieved over the course of the ten-year agreement.
The deal, for an undisclosed sum, covers the management and development of R&SA's IT infrastructure in the UK, which includes mainframe, mid range and desktop computing services.
R&SA chief executive Paul Spencer said: "Our partnership with IBM will ensure we are able to fully harness the potential of the internet and other emerging technologies."
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
