Prudential is outsourcing its mainframe and mid-range information technology services to Cap Gemini Ernst & Young. The five-year contract is valued at £55m.
Under the deal, Cap Gemini Ernst & Young will take over responsibility for Prudential's UK data centre at Theale near Reading.
Prudential chief executive Alan Cook said: “By moving to an outsourcing solution, the Prudential will achieve significant cost reductions while maintaining the highest levels of service quality. We will also benefit by introducing greater variability into our IT cost base.”
About 90 Prudential staff at Theale and other locations will transfer employment to Cap Gemini Ernst & Young.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
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.
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.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
