March
2008
Infinit-O and Key Officers
of Lockton Philippines signs Partnership Agreement to form Technovation
to deliver stronger Insurance Process Outsourcing (IPO) Solutions.
It has
always been a challenge for US Insurance companies to reap the full
benefits of outsourcing their Insurance Processes due to the lack of
providers with deep insurance expertise and BPO management
capabilities. Technovation is a ground-breaking company that provides a
complete outsourcing solution that addresses these concerns.
Infinit Outsourcing Inc. (Infinit-O), one of the Philippines' leading
and fastest-growing provider of outsourcing solutions today signs a
Strategic Partnership Agreement with key officers of Lockton
Philippines Insurance and Reinsurance Brokers, Inc. (Lockton
Philippines), who has over 40 years of US Insurance
experience, to form Technovation Global Services, Inc. (Technovation
Global Services). This will offer US Insurance companies an outsourcing
solution that provides a deeper domain expertise
and a broader range of core and non-core services.
Technovation Global Services addresses the most sought-after attributes
that U.S. Insurance companies are looking for in an outsourcing
provider:
Domain expertise in Insurance Processes
Business Process Management expertise (through Infinit-O)
Information Systems and Technology expertise (through Infinit-O)
Technovation Global Services is envisioned to specifically
administer insurance process outsourcing projects for U.S. based
carriers, brokers and agencies. Its major focus is on
property & casualty insurance processes, particularly on the
home and automobile sub-lines.
”Infinit-O is very pleased to team up with the key figures of
Lockton Philippines to form Technovation Global Services.”
states Manolo Aquino, CEO and President of Infinit-O. “This
is one of the rare opportunities in outsourcing that introduces a
revolutionary win-win solution for us as a service provider
and especially for our clients; Infinit-O strengthens its foothold in
the IPO (Insurance Process Outsourcing) scene, while the insurance
companies will have a 'one-stop shop'
outsourcing solution.”
ABOUT
TECHNOVATION GLOBAL SERVICES
Technovation Global Services, Inc. is a pure-play insurance business
process outsourcing company that caters to the needs of U.S.-based
insurance carriers, brokers, agencies and third-party administrators
(TPAs).
