Information  X 
Enter a valid email address

Capita Group PLC (CPI)

  Print      Mail a friend       Annual reports

Friday 29 May, 2009

Capita Group PLC

Capita completes deal with AXA


29 May 2009

CAPITA COMPLETES DEAL WITH AXA AS STRATEGIC PARTNER FOR LIFE AND PENSIONS
ADMINISTRATION

The Capita Group Plc ("Capita") announces that it has signed a deal to become
the strategic outsourcing partner of AXA Sun Life ("AXA"), to administer 3.2
million mature life and pensions policies. The contract is worth £523m over 15
years. When we announced in January that we were `preferred bidder', we
estimated the contract would be worth approximately £500m.

Under the partnership Capita will provide customer servicing, policy
administration, claims activity and related IT support to a proportion of AXA
Sun Life's business. The service will commence on 1 June 2009.

-ends-

For further information:

The Capita Group Plc
Tel: 020 7799 1525
Paul Pindar, Chief Executive
Shona Nichols, Corporate Communications Director

Media enquiries
Capita press office
Caroline Mooney
Tel: 0207 654 2152 or 0870 2400 488 (out of hours)

Peter Webb
AXA Life, Press Office
Tel: +44 (0)117 989 3615

Stephen Hoffman Womersley
AXA UK, Press Office
Tel: + 44 (0)207 920 5014

Notes to editors:

The Capita Group Plc is the UK's leading provider of BPO and integrated
professional support service solutions. With 36,000 people at more than 300
sites, including 62 business centres across the UK, Ireland, the Channel
Islands and India, the Group uses its expertise, infrastructure and scale
benefits to transform its client's services, driving down costs and adding
value. Capita is quoted on the London Stock Exchange (CPI.L), and is a
constituent of the FTSE100 with revenues for 2008 of £2,441 million.

Further information on The Capita Group Plc can be found at: http://
www.capita.co.uk