Zensar Tech in 5-year IT support pact with Assurant Health

Software services exporter Zensar Technologies has signed a five-year agreement with Assurant Health, a US-based provider of health insurance products, to provide information technology support.
  • Language
  • App
  • Subscriptions
  • Specials
  • Sign-In
  • Register
GeStepAhead GrowMyMoney master your money IThe Winning Leap SME Special
Moneycontrol

Home » News » Business

Feb 12, 2013, 05.44 PM | Source: Moneycontrol.com

Zensar Tech in 5-year IT support pact with Assurant Health

Software services exporter Zensar Technologies has signed a five-year agreement with Assurant Health, a US-based provider of health insurance products, to provide information technology support.

Like this story, share it with millions of investors on M3

Zensar Tech in 5-year IT support pact with Assurant Health

Software services exporter Zensar Technologies has signed a five-year agreement with Assurant Health, a US-based provider of health insurance products, to provide information technology support.

Post Your Comments

Share Cancel

Moneycontrol Bureau

Software services exporter Zensar Technologies has signed a five-year agreement with Assurant Health, a US-based provider of health insurance products, to provide information technology support.

"The relationship spans development, testing, maintenance, enhancement and IT support for a suite of business applications used by Assurant Health for policy administration, underwriting and claims processing," the RPG Group company said on Tuesday.

Ganesh Natarajan, Zensar's CEO, said that insurance and healthcare are both focus verticals for the company in North America and this deal falls in the "sweet spot" of growth.

The Pune-based company is scouting for acquisitions in the USD 30-40 million range and a deal is likely to be done 2013-14, Natarajan told moneycontrol.com, earlier this month. It is seeking to buy companies in the SAP and infrastructure management space.

Zensar Technologies aims to increasingly focus on large clients and is therefore closing smaller projects, where growth opportunities and margins are limited. It has already shut down 75 small clients, Natarajan had said.

Zensar shares were up 0.3 percent at Rs 240.85 on NSE in noon trade.

Buy, Hold, Sell ? Hear it first on M3
Zensar Tech in 5-year IT support pact with Assurant Health

See all

Get started using your favorite social network

or

Login using moneycontrol ID

Username
Password

Need help logging in? Reset password.

Don´t have an account? Sign Up

Get started using your favorite social network

or

Simply sign up using this short form

* mandatory

UserName*

Username should be atleast 4 character

Password*

Password should be 8 or more characters,
atleast 1 number, 1 symbol & 1 upper case letter

Alert

Your Password should contain
  • 8 or more characters
  • At least 1 number
  • At least 1 symbol
  • At least 1 upper case letter
Confirm Password*
Email
Already have an account? Login