10 Jan 2007 10:01
Chesnara plc - Re Contract
10th January 2007
Chesnara chooses Capita as a further outsourcing partner
Chesnara plc's life subsidiary Countrywide Assured has today signed a contract with Capita Life and Pensions Regulated Services Limited to provide insurance administration services for the 80,000 life policies acquired as a result of the purchase of City of Westminster Assurance in 2005. The deal is initially for 15 years and supports Chesnara's stated aim of seeking long-term outsourcing arrangements to provide effective control of its administration costs.
Enquiries
Graham Kettleborough 01772 840001
Chief Executive, Chesnara plc 07799 407519
CHESNARA PLC
Chesnara (CSN)