HCL Technologies bags IT contract from Finland's firm

The scope of this long-term engagement covers delivery of a turn-key centralised claims management software solution, HCL Tech said in a statement. However, the company did not disclose the financial details of the contract.

"In HCL we found a partner that understands insurance business, standardisation of services and has an ability to support our business locally with utilisation of a global delivery with a strong focus on value added delivery," OP Pohjola senior vice president Pekka Sarvi-Perakyla said.

HCL will deliver these services to OP Pohjola through its Global Delivery Centers in India as well as locally in Finland. Vesa Siitari has been appointed head of HCL Finland, and Per Hove appointed head of HCL's business in Norway, to lead the regional expansion.

Further, Siitari has also been appointed to lead and implement HCL's business strategy for Manufacturing, Hi-tech, Telecommunications, Media and Retail client segments, as well as be the head of HCL’s business in Finland.

In addition to this, Hove has been appointed to lead and implement HCLs business strategy for public services, including logistics and energy and utilities, and be the head of HCLs business in Norway.

"By implementing a centralised claims management solution with standardised services and value added delivery, OP Pohjola will be able to deliver greater efficiencies to customers in the long term," HCL financial services Europe Executive Vice President Stuart Drew said.

OP-Pohjola Group, is the financial services group, offers the most comprehensive and versatile range of banking, investment and insurance services in the country.