iGATE wins $100 million contract from MetLife

iGATE Corporation on Wednesday announced a new five-year contract valued at over $100 million for providing global infrastructure services for insurance provider MetLife.

The companies have been doing business for the last 10 years ans is providing services globally to MetLife across North America, EMEA and Asia-Pacific.

Post the ALICO acquisition, MetLife has been executing on its strategy to simplify operations to realise the benefits of its global footprint and be better positioned to meet customer needs, reduce operating costs and operate as a truly global company. iGATE participated in a competitive bid to assist MetLife in building out an Innovative Infrastructure model to manage its IT systems towards greater efficiency and flexibility, in order to drive lower costs and increase business agility.

“The bid was awarded to iGATE on its quality and creativity of the solution, as well as innovative commercial structuring based on the industry leading ITIL based Infrastructure support model,” iGATE said in a statement.

iGATE EVP, Head of Sales (North America) and Global Head of Alliances Sanjay Tugnait said, “This win is a strong validation of iGATE’s domain and technology expertise in the insurance industry. Our 10-year long relationship with MetLife has given us deep understanding of the company's global businesses and will enable us to achieve definitive business imperatives for them in terms of both cost rationalisation and high levels of service delivery.”