HCL wins application services deal from Netherlands' Aegon

Noida: Indian software major HCL Technologies on Monday said it has got a five-year contract from multinational life insurance, pensions and asset management company Aegon.

Headquartered in The Hague, Netherlands, Aegon serves nearly 29 million customers and employs over 28,000 people worldwide.

The application services deal will see HCL continue as Aegon's digital transformation partner, helping to accelerate innovation by establishing and managing a new multi-vendor ecosystem, HCL said.

"Our business strategy is centred on digital-first, which is paramount to our ability to drive service innovation, attract new customers and to drive efficiencies," Anke Schlichting, Chief Technology Officer at Aegon, said in a statement.

The software major will also help implement an agile delivery model to reduce Aegon's time to market and introduce greater efficiencies through improved application lifecycle management and automation.

HCL has been a strategic IT services partner to Aegon Netherlands since 2004.

"We're looking forward to continuing our support for Aegon on its successful digital leadership journey," said Sudip Lahiri, Senior Vice President and Head of Financial Services, Europe at HCL Technologies.

"Aegon was one of HCL's first major customers in continental Europe and we are especially proud of what we've accomplished to date," Lahiri said.

HCL said it works with over 100 organisations in the insurance sector globally.