Life insurance goes global: Interview with Michael Paravicini by Zurich Financial Services
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CSC WorldSummary:
Application outsourcing is rare among insurance firms, but in July 2004 Zurich Financial Services signed the largest such contract in the industry, with Computer Sciences Corporation.Zurich took this bold step as part of a strategy to transform itself into a more global company.
We talked with Zurich's chief information technology officer, Michael Paravicini, to get some insight into the thinking behind this strategy and what it means for the company and the industry.
"We outsourced our applications to support the new business model. In particular we needed more flexibility and better productivity."
Michael Paravicini
