Loeb & Loeb Represents Phoenix Life Insurance Company in BPO Partnership Agreement with McCamish Systems
October 17, 2011
Loeb & Loeb LLP partner Steve Semerdjian represented Phoenix Life Insurance Company, a Hartford based insurer that provides life insurance and annuity products to the U.S. market, in executing a multi-year Business Processing Outsourcing (BPO) agreement with McCamish Systems LLC, an Infosys company specializing in insurance and retirement business process solutions.
The third-party service agreement structures a partnership whereby McCamish Systems will provide a full range of services to Phoenix for selected blocks of its life insurance products, including conversion of data, policy administration and customer support.
Loeb & Loeb’s Outsourcing Group takes a results-driven approach to the strategic outsourcing of complex information technology and business process functions. Our integrated team of experienced and industry-respected practitioners has substantial expertise with complex, multi-tower outsourcing transactions and a wide breadth of deal experience in all types of ITO & BPO transactions, including those related to cloud-based services, HRO, F&A, AD&M, facilities management, logistics and procurement. We offer a full range of resources to assist in the transaction life cycle, from strategic planning to contract negotiation to renegotiation/exit strategies.