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MONTRÉAL, Feb. 14,
2024 /PRNewswire/ - CGI (NYSE: GIB) (TSX: GIB.A) and
LocalTapiola, one of the largest insurance and financial services
companies in Finland, have
extended their long-term strategic partnership for an additional
five years as LocalTapiola advances its comprehensive business
transformation program. Under the new contract, valued at CAD
284 million, CGI will apply new technologies to help
LocalTapiola generate cost savings and drive operational
efficiency. CGI also will continue to provide development and
maintenance services for the majority of information systems within
LocalTapiola's insurance business.
"LocalTapiola's partnership with CGI has led to a successful
transformation journey over the past several years, so continuing
our collaboration is a natural step for us," said LocalTapiola's
Executive Vice-President Esa
Tihilä. "Through this journey, our operations and
our ability to serve customers have significantly improved."
"We have had the honor of serving as a trusted partner to
LocalTapiola for more than 10 years," said Leena-Mari Lähteenmaa,
President of CGI´s operations in Finland, Poland, and the Baltics. "Over this timeframe,
we worked closely with LocalTapiola to advance its overall digital
transformation program, one of the largest in Finland. CGI's
combination of deep understanding of LocalTapiola's business and
systems serves as a foundation for this digital transformation
progress and we look forward to continuing to deliver high-quality,
innovative services and technologies through this new contract
extension."
CGI is the partner and expert of choice for P&C and life
insurers, brokers, and agents across the globe, including 7 of the
top 10 global insurers and 200+ clients worldwide. The company's
3,500 insurance industry professionals deliver end-to-end services
and solutions that help insurers accelerate their ROI-based
digitization priorities across all areas of their business,
including people, processes and technology. To learn more,
visit cgi.com.
About CGI
Founded in 1976, CGI is among the largest
independent IT and business consulting services firms in the world.
With 90,500 consultants and professionals across the globe, CGI
delivers an end-to-end portfolio of capabilities, from strategic IT
and business consulting to systems integration, managed IT and
business process services and intellectual property solutions. CGI
works with clients through a local relationship model complemented
by a global delivery network that helps clients digitally transform
their organizations and accelerate results. CGI Fiscal 2023
reported revenue is $14.30 billion
and CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB).
Learn more at cgi.com.
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content:https://www.prnewswire.com/news-releases/cgi-and-localtapiola-extend-long-term-partnership-to-further-advance-enterprise-wide-digital-transformation-program-302061353.html
SOURCE CGI Inc.