Capita Group PLC
06 September 2005
6 September 2005
CAPITA COMPLETES ACQUISITION OF BDML CONNECT FROM BDML GROUP
Capita Insurance Services, part of The Capita Group Plc ('Capita'), announces
that it has completed the acquisition of BDML Connect Ltd from the insurance
group BDML, following the FSA's regulatory approval being granted.
The acquisition of these operations adds significantly to Capita's current
insurance capabilities and enhances Capita's proposition to the affinity market.
It will also enable Capita to provide distribution opportunities for
underwriters via the BDML panel.
For further information please contact:
The Capita Group Plc +44 (0)20 7799 1525
Rod Aldridge, Executive Chairman
Paul Pindar, Chief Executive
Shona Nichols, Corporate Communications Director
Press Office +44 (0)870 2400 488
Notes to Editors:
The Capita Group Plc is the UK's leading provider of integrated professional
support service solutions. The Group's service capabilities encompass customer
services, financial services, human resource services, software services,
systems and strategic support and property services delivered to both public
sector and private organisations. With over 23,000 employees at more than 230
offices across the UK and Ireland, Capita is quoted on the London Stock Exchange
(CPI.L), and is a constituent of the FTSE100 with revenues for 2004 of £1,285
Capita has secured a number of awards including Best BPO Services Provider 2004.
Further information on The Capita Group Plc can be found at: www.capita.co.uk
Capita Insurance Services is the UK's leading provider of business support
services to the insurance industry offering professional services, operational
solutions and strategic partnerships for insurers, brokers, affinities,
corporates, government and the London market. The company is an FSA authorised
representative and supports the complete insurance lifecycle from claims
reception and policy administration, to specialist services including legal
services, medical evidence services, complex loss adjusting, supply chain
management and the delivery of fully-managed operational solutions both onshore
and offshore. Ranked No.1* in the Insurance Services market in three consecutive
years and with over 41.2% market share (source: HI Europe 2004), Capita
Insurance Services administers in excess of £12bn insurers' liability, employing
nearly 5000 staff across an integrated network of UK business centres.
This information is provided by RNS
The company news service from the London Stock Exchange