Wipro signs 7-year deal with Main Street America
04 Mar 2010
Wipro Technologies, the IT services arm of software major Wipro Ltd, has entered into a 7-year contract with The Main Street America Group to provide software services, the company said in Bangalore today.
Main Street will engage with Wipro for applications development, maintenance and quality assurance using Wipro's CMMi Level 5 quality services.
The Main Street America Group is a leading provider of commercial, personal and surety insurance products exclusively, sold through independent agents to individuals, families and small businesses.
It has a presence in about 24 US states.
Under terms of the agreement, Wipro will supplement Main Street America's IT organisation in its endeavor to support its present and future business needs.
"Wipro's demonstrated capabilities to US insurers allowed us to become Main Street America's trusted IT services provider," said Ajoy Menon, insurance business unit global head, Wipro Technologies.
Main Street America will leverage Wipro's global delivery model to achieve faster time-to-market capabilities and reduce operating costs by utilizing economies of scale, the company said in a statement.
"As The Main Street America Group continues to increase scale and productivity, we need to implement more efficient processes while reducing our operating costs," said Ronald James, Main Street America's chief information officer.