Hartford Steam Boiler, a subsidiary of Munich Re, has agreed to a five-year partnership with IT services provider L&T Infotech to help streamline its IT organization.
According to HSB, these improvements will be achieved through platform and architecture standardization, including app decommissioning, and the support of both legacy and modern technologies. HSB is a provider of equipment breakdown, inspection services, and engineering-based risk management.
"We chose Larsen & Toubro Infotech’s managed application services because we anticipate that it will reduce our costs, permit us to better manage the ongoing support of numerous systems and allow us to focus our internal expertise on our group transformation and digital initiatives," said Ron Vernier, chief information officer, HSB Group, in a statement.
LTI’s automated platform also allows HSB to deliver digital opportunities to generate revenue, HSB says. Policy administration, claims, engineering, and underwriting are among the core business areas covered as part of the deal.
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