Mitsui Sumitomo Insurance Group appoints Lanware as outsourced technology partner for their UK and Ireland businesses

Mitsui Sumitomo Insurance Group appoints Lanware as outsourced technology partner for their UK and Ireland businesses
29.07.2015 01:00 am

Mitsui Sumitomo Insurance Group appoints Lanware as outsourced technology partner for their UK and Ireland businesses

Lanware, technology partner to the Financial Services sector, announces that the firm has been awarded a four year contract to provide its total technology outsourcing services to Mitsui Sumitomo Insurance at Lloyd’s (“MSIG”). 

Lanware has specifically designed the next generation of technology / IT services to support MSIG’s current business plan:  the result is a comprehensive portfolio that enables MSIG to concentrate on their core business whilst supporting them with the necessary service levels, flexibility, reporting and oversight to manage risk and comply with regulation.

The contract was awarded following a rigorous benchmarking exercise conducted by industry leading IT research organisation Gartner. The in-depth analysis delivered unbiased comparisons of Lanware’s performance and pricing relative to other service providers. The results were positive and gave MSIG the assurance to commission Lanware to scope out the next generation of outsourced infrastructure services with an eye on opportunities for cost optimisation.

“Lanware has been delivering services to MSIG for more than ten years and the relationship has transformed from Lanware initially providing network support into a comprehensive technology partnership. This contract represents a new era for Lanware where it has drawn on all its experience to date within financial services, working collaboratively with MSIG to push the boundaries and create a leading edge and industry focused service which is unique within the Lloyd’s market place,” commented Henry Duncombe, Managing Director at Lanware.

“We are thrilled to be setting off on a long term relationship with Lanware, a vendor who understands our needs and the unique security and business requirements of financial services.  Over the years we have grown together and this approach has ensured that we have developed our businesses to our mutual benefit.  We are all looking forward to Henry and his team getting into the delivery of our new services and us continuing our successful relationship,” commented Richard Williams, Chief Information Officer (CIO) MSIG at Lloyd’s

The MSIG contract incorporates a wide range of functions including the Service Desk, Desktop, Infrastructure, Network, Disaster Recovery and vCloud for application development. Security considerations were paramount to the new relationship and MSIG will leverage Lanware’s ISO 27001 Information Security Management System (ISMS) to help combat and protect against the growing number of cyber threats targeting financial institutions.  Lanware specifically focused on ensuring that all security controls were highly visible giving MSIG ongoing insight into their security status and enabling a pro-active security posture.

Related News

BlueVoyant Performance Demonstrates Strong, Global Demand for Cybersecurity Services

BlueVoyant, a global expert-driven cybersecurity services company, today... Read more »

Mitsubishi UFJ Financial Group (MUFG) Selects AxiomSL To Automate Daily Equity Position Monitoring And Reporting Globally

AxiomSL, the industry’s leading provider of risk and regulatory reporting solutions, today announced an agreement with Mitsubishi UFJ Financial Group (MUFG), a... Read more »

Computop and Eckoh Partner to Provide Retailers with Enhanced Security for Card-Not-Present Payments

Computop, a leading global payment processor, and Eckoh (AIM... Read more »

Reuters Events Whitepaper - Tax Credit Investments are ESG Investments

Featuring exclusive insights from Federated Hermes, BNP Paribas, Foss and Company, Patagonia, Wilmington Trust and Hunton Andrews Kurth

Examining the... Read more »

Financial Services Firms Are Being Attacked on All Fronts as Criminals Become Increasingly Adaptive and Sophisticated in Their Approach

It’s not just cyber technologies or digital currencies that are worrying financial crime teams in financial institutions across the UK & Ireland. It’s also the increasing... Read more »

Allianz Global Investors Selects thinkFolio Managed Service to Drive Global Fixed Income Platform Evolution

Allianz Global Investors, a leading active asset manager, has adopted IHS Markit's leading investment management platform, thinkFolio... Read more »

Magazine
ALL
Free Newsletter Sign-up
+44 (0) 208 819 32 53 +44 (0) 173 261 71 47
Download Our Mobile App
Financial It Youtube channel