Prudential sues Unisys for £12m
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Prudential, the UK insurance giant, is sueing Unisys for £12m over an Internet based IT system which failed to "failures and inabilities to perform its obligations".
Called "Unite", the system was designed to enable Prudential sales agents to process orders over the Internet in near real time. Only it didn't work. Now the company is seeking the return of its outlay, at least £12m, while Unisys is estimated to have spent £10m on the doomed project, according to CW360.com.
Prudential's claim could rise to £15m, according to the the IT news site, which notes that this is the third time that Unisys has seen court action over the early termination of an insurance project.
The Unite system was based upon Unisure, Unisys's flagship insurance app. ®
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