Unisys claims £300m R&SA win
10-year outsourcing deal
Royal & Sun Alliance is to outsource its UK life operations to Unisys in a 10-year deal estimated at £300m.
There's nothing particularly techie, or, except for its size, interesting about the deal for an IT audience - unless you have your pension with R&SA, or Unisys shares.
Unisys will manage the processing and administration of the 2.4 million life and pensions sold by R&SA through its specialist sub Unisys Insurance Services Limited (UISL).
Numbers of staff affected and redundos if any are not announced. But all in all, this should be a welcome option for many. In common with many UK insurance companies, R&SA is in the financial mire. R&SA is restructuring, and has already announced its decision to shut the UK life operation to new clients. ®
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