Capita wins £323m insurance outsourcing deal
The Capita Group is to administer and develop Abbey National's outsourced general insurance business,...
The Capita Group is to administer and develop Abbey National's outsourced general insurance business, in a deal worth approximately £323m over the next 10 years.Capita will administer all active policies and associated claims for Abbey National's home, motor, travel and creditor insurance policies. Norwich Union will continue to underwrite and settle claims for the majority of these products on an exclusive basis, with the remaining products underwritten by a choice of competing insurers
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