Ceequence signs 3-year contract with UK’s Allianz Cornhill for Business Continuity Servicesl

Chennai, 15 April 2006 – Ceequence has signed a three-year agreement with Allianz Cornhill, one of the UK’s leading general insurers and part of the global Allianz group, to provide Business Continuity Services.  Under the agreement, Ceequence will provide complete back-up to Allianz Cornhill’s Indian operations from Ceequence’s 250-seat Disaster Recovery Centre in Chennai, India.

Ceequence’s technology and infrastructure have been designed to ensure seamless transition with minimal disruption to Allianz Cornhill’s business.  “The systems and processes will enable Allianz Cornhill to transition to Ceequence’s facility within 48 hours,” said Ravi Patwari, Ceequence’s Director of Technology.  The continuity service provides the required computer systems, peripherals, network connectivity and communications equipment.  In addition, Ceequence team will also be responsible for 24x7 technical and administration support during business continuity operations. 

Ceequence’s business continuity service is an effective and efficient means of mitigating operational risks for captive, multinational BPOs located in India.  The capital investment is relatively low as compared with a dedicated disaster recovery facility and yet provides access to a fully functional, state-of-the-art technology, infrastructure and skilled team. 

“The agreement with Allianz Cornhill firmly positions Ceequence’s specialist knowledge and capability in the area of disaster recovery services. Our aim this fiscal year is to sign up more clients primarily in the BFSI services sector having a presence in India. This area has been untapped for several years and the importance of disaster recovery sites is increasing with more and more critical operations moving to India.” said Rajesh Somasundaram, Director of Outsourcing with Ceequence.  Allianz Cornhill selected Ceequence after a formal tendering process that was based on an evaluation of company and team capabilities.  Adrian Biggs, Allianz Cornhill’s Offshore Project Manager said: “Ceequence demonstrated sound technical know-how and had a partnership approach in developing the solution, which was central to our selection decision.”  

About Ceequence
Ceequence delivers a wide range of outsourcing services for business to business (B2B) and business to consumers (B2C) from its 250-seat Global Services Centre located in Chennai, India.  Its customers cover a range of industry segments that includes telecommunications, financial services, insurance, retail, travel/hospitality, technology and non-profit organizations.  The company has strategic alliances with industry and domain specialists in its key markets. For more info log on to www.ceequence.com.

About Allianz Cornhill

Allianz Cornhill is one of the UK’s leading general insurers and part of the global Allianz Group, one of the world’s largest financial services providers with a presence in more than 70 countries.

In 2004, Allianz Cornhill was voted General Insurer of the Year at the British Insurance Awards. This success was repeated in 2005, a particularly notable achievement, which also coincided with the company’s centenary year. For more info log on to www.allianzcornhill.co.uk

For more info, Contact:

Rajesh Somasundaram (+91-98402 16150) rajesh@ceequence.com