LV= Extends Atos Origin IT Contract

February 8, 2010

Atos Origin has signed a four-year contract extension with LV=, the fast-growing investment and insurance group. Under this new deal which extends a contract signed in 2008, Atos Origin will continue to provide IT services to support LV=’s policy administration and renewals processes as well as on-line applications.

Since its appointment in 2008 Atos Origin has played a vital role in supporting LV=’s business growth by providing the IT services for LV= to launch new products, use additional distribution channels such as Nationwide and increase sales through aggregators such as Moneysupermarket.com and Comparethemarket.com.

Richard Rowney, Group Chief Operating Officer at LV= commented: “Atos Origin has delivered an excellent service since 2008 to support the growth and transformation of our business. For this new deal, Atos Origin presented a competitively priced solution that will meet our business needs as we further strengthen our organisation while continuing to help our customers protect the things they love.”

Bryn Barlow, Vice President for Financial Services at Atos Origin UK, said: “We are delighted to have signed this contract extension which further extends our relationship with LV= and consolidates our position in the mutual insurance sector. We will work with LV= to ensure that technology continues to enable further business growth and high quality services for their customers.”

Atos Origin is committed to delivering sustainable IT services and is providing mainframe and midrange hosting services for LV= from its modern data centres that use energy efficient and smart cooling technologies to minimise the impact of IT on the environment.