Percana Go Live with AZ Life
AZ Life, the Dublin based subsidiary of the Italian group Azimut Holding SpA, has recently commenced writing business and are now recording impressive new business figures. Azimut Holding SpA is a successful independent group active in asset management and distribution of financial products that has achieved very significant growth in recent years. Azimut Holding SpA is currently engaged in the preparation of a potential IPO mid 2004. From their outsourcing centre in Dublin, Percana provides an extensive range of IT and administration services to AZ Life. The service is based on its flagship policy administration system Eclipse. Mr Gerry Jordan, General Manager of AZ Life Limited commenting on the go-live,“AZ Life plan to write significant levels of business in 2004 and beyond. Given Percana’s unparalleled reputation and ability, we can achieve our aggressive targets, while confident our business is being managed efficiently and cost-effectively. In line with the structure and ambitions of AZ Life, we plan to exploit the strengths of the Percana offering to launch a suite of innovative products and increase market share”. Eugene Larmon, General Manager of Percana International Managed Services added, “We are delighted that the AZ Life go-live has been a great success and are looking forward to supporting them in the future. Our relationship with AZ Life is extremely important to us, as they are both a client and investor. We are very happy to be repaying the confidence demonstrated in us as a company. We are now in a stronger position to attract further clients requiring an outsourcing solution and are gaining serious interest from new entrants and existing companies already operating in European Life and Pensions industry”.
