Symetra Financial Awards Major IT Outsourcing and BPO Contract to ACS
November 02 2004 - 8:15AM
PR Newswire (US)
Symetra Financial Awards Major IT Outsourcing and BPO Contract to
ACS REDMOND, Wash., Nov. 2 /PRNewswire/ -- Symetra Financial,
formerly Safeco Life & Investments, announced today that it has
awarded a major information technology (IT) and business process
outsourcing (BPO) contract to Affiliated Computer Services Inc.
(ACS), a premier provider of business process and information
technology outsourcing solutions. Under terms of the five-year
agreement, ACS will provide complete IT infrastructure services for
Symetra Financial, as well as a full range of cross-functional and
BPO solutions. These solutions include data center, distributed
computing, data network, voice communications, service desk,
print/mail and image processing services. The outsourcing of
Symetra Financial's IT infrastructure follows the sale of Safeco
Life & Investments by Safeco Corp. on July 31, 2004, to a group
of private investors led by White Mountains Insurance Group Ltd.
and Berkshire Hathaway Inc. The transition of services to ACS began
on Oct. 28, 2004, with the full migration targeted for completion
by July 31, 2005. ACS will provide technical support from its data
center in Hillsboro, Ore., and account operations support in
Redmond, Wash. "Symetra Financial was looking for a provider that
would facilitate a smooth transition from a shared IT environment
to outsourced services. We also wanted to improve our ability to be
agile in supporting business initiatives," said Troy Olson-Blair,
chief information officer for Symetra Financial. "Among the
benefits we gain by working with ACS are improved technology,
enhanced IT capabilities, improved business processes, and an
enhanced ability to focus on our core business components." "This
contract is an excellent example of ACS's unique ability to provide
both IT infrastructure and critical back-office functionality,"
said Lynn Blodgett, group president of ACS Commercial Solutions.
"It affirms why so many clients turn to us to support their BPO and
IT needs -- because ACS excels at delivering best-in-class service,
capability and performance." As a leading IT outsourcing provider
across numerous industries, ACS operates several large mainframe
and midrange data centers, manages numerous networks, and
administers desktops around the globe. Despite growing market
competition, ACS continues to experience tremendous growth in its
IT solutions and BPO business. Symetra Financial, formerly Safeco
Life & Investments, is a group of affiliated insurance and
financial services companies, including Symetra Life Insurance Co.
Symetra Life Insurance Co. (est. 1957), formerly Safeco Life
Insurance Co., has grown to a company with approximately 2 million
customers, over 1,200 employees, and more than $21 billion in GAAP
assets as of June 30, 2004. The company works in partnership with
over 20,000 agents and advisors providing annuities, life
insurance, group employee benefits, and retirement plans to
customers throughout the United States. For more information, visit
Symetra Financial's web site at http://www.symetra.com/. ACS, a
Fortune 500 company with more than 43,000 people supporting client
operations in nearly 100 countries, provides business process and
information technology outsourcing solutions to world-class
commercial and government clients. The company's Class A common
stock trades on the New York Stock Exchange under the symbol "ACS."
ACS makes technology work. Visit ACS on the Internet at
http://www.acs-inc.com/. DATASOURCE: Symetra Financial CONTACT: Jim
Pirak, Vice President, Marketing, of Symetra Financial,
+1-425-376-8284, or ; or Lesley Pool, Senior Vice President/Chief
Marketing Officer of Affiliated Computer Services Inc.,
+1-214-841-8028, or Web site: http://www.acs-inc.com/ Web site:
http://www.symetra.com/
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