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World Insurance Report

Rebranding in an economic downturn

The US based Computer Sciences Corporation (CSC) generated $1.5bn in revenue providing IT services to the global insurance sector during the last financial year. Patrick Molineux, Head of Market Development at CSC, says the takeovers and acquisitions that are happening in the banking and insurance sectors creates tremendous opportunities for merger and acquisition work for the company, a leading player in systems consolidation. He also believes that the current crisis in the financial services market is going to be a real challenge for the smaller IT services companies which do not have the capacity or flexibility to offer a multi-layered service solution to their customers

The US information technology services company, Computer Sciences Corporation (CSC) launched its programme for global growth, ‘Project Accelerate’ in Europe recently.

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