iGate Bags $100 Million Deal From Metlife
New Delhi: Outsourcing company iGate Corporation on Wednesday said it has bagged a major five-year contract worth over USD 100 million (about 598 crore) for providing global infrastructure services for insurance major MetLife.
The US-based IT solutions firm has been providing services to the global insurance giant for the last 10 years across North America, EMEA and Asia-Pacific. The present deal includes providing complex and mission critical services.
"iGATE participated in a competitive bid to assist MetLife in building out an Innovative Infrastructure model to manage its IT systems towards greater efficiency and flexibility, in order to drive lower costs and increase business agility," iGate said in a statement.
MetLife is building an infrastructure model to manage its IT systems towards greater efficiency and flexibility, in order to drive lower costs and increase business agility, it added.
"Our 10-year long relationship with MetLife has given us deep understanding of the company's global businesses and will enable us to achieve definitive business imperatives for them in terms of both cost rationalization and high levels of service delivery," iGate Head of Sales (North America and Global Head of Alliances) Sanjay Tugnait said.
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