WTG.L Regulatory News (WTG)

Quindell Plc

("Quindell" or the "Company" or the "Group")

Contract updates

Quindell Plc (AIM: QPP.L), a market leading global provider of professional services and digital solutions, announces a number of new or extended contracts demonstrating the ongoing support of customers to the Group.

Swinton Group Limited ("Swinton"), one of the UK's largest insurance brokers with over 1.2 million motor policy holders has signed a multi-year contract renewal with Quindell. The renewal will see Quindell continue to exclusively handle all aspects of the motor claims process for Swinton, including accident management, hire, repair services, legal services and rehabilitation.

Steve Chelton Head of Claims at Swinton: "We have enjoyed an excellent working relationship with Quindell over the past two years, providing our customers with an unparalleled service when they most need it following an accident. Quindell continues to exceed expectations in all aspects of their service throughout the supply chain and we look forward to continuing this relationship." 

In addition, the Group has also signed a contract renewal with Insurethebox who are the UK's largest provider of telematics insurance, for Quindell's ICE Policy administration solution and ICE Rating engine for a further three years. Quindell continues to provide all insurethebox's core administration technology as they also use our ICE Claims product.

Quindell is also pleased to announce a new multi year contract with one of the UK's leading motor-cycle insurers for its ICE Claims, and ICE Intelligence solutions. 

Robert Fielding, Group Chief Executive Officer of Quindell, commented:  "We are delighted to announce these new contracts and renewals which demonstrate that our service and technology offerings continue to be attractive to leading organisations in the insurance sector."

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