Infinit-O and Key Officers of Lockton Philippines signs Partnership Agreement to form Technovation to deliver stronger Insurance Process Outsourcing (IPO) Solutions

Released on: March 12, 2008, 1:10 pm

Press Release Author: Richard Eldridge

Industry: Small Business

Press Release Summary: It has always been a challenge for US Insurance companies to
reap the full benefits of outsourcing their Insurance Processes due to the lack of
providers with deep insurance expertise and BPO management capabilities.
Technovation is a ground-breaking company that provides a complete outsourcing
solution that addresses these concerns.

Press Release Body: Infinit Outsourcing Inc. (Infinit-O), one of the Philippines\'
leading and fastest-growing provider of outsourcing solutions today signs a
Strategic Partnership Agreement with key officers of Lockton Philippines Insurance
and Reinsurance Brokers, Inc. (Lockton Philippines), who has over 40 years of US
Insurance experience, to form Technovation Global Services, Inc. (Technovation
Global Services). This will offer US Insurance companies an outsourcing solution
that provides a deeper domain expertise and a broader range of core and non-core
services.

Technovation Global Services addresses the most sought-after attributes that U.S.
Insurance companies are looking for in an outsourcing provider:

Domain expertise in Insurance Processes (through the key officers of Lockton
Philippines)
Business Process Management expertise (through Infinit-O)
Information Systems and Technology expertise (through Infinit-O)

Technovation Global Services is envisioned to specifically administer insurance
process outsourcing projects for U.S. based carriers, brokers and agencies. Its
major focus is on property & casualty insurance processes, particularly on the home
and automobile sub-lines.


"Infinit-O is very pleased to team up with the key figures of Lockton Philippines to
form Technovation Global Services." states Manolo Aquino, CEO and President of
Infinit-O. "This is one of the rare opportunities in outsourcing that introduces a
revolutionary win-win solution for us as a service provider and especially for our
clients; Infinit-O strengthens its foothold in the IPO (Insurance Process
Outsourcing) scene, while the insurance companies will have a \'one-stop shop\'
outsourcing solution."


ABOUT INFINIT-O

Infinit-O is a leading BPO company with offices in the US, UK and the Philippines
providing back office outsourcing solutions and knowledge process outsourcing (KPO)
solutions in the financial services, research, and healthcare sectors.

ABOUT LOCKTON PHILIPPINES

Lockton Philippines Insurance and Reinsurance Brokers, Inc., formerly known as
Alexander Forbes Philippines Risk Services, Inc., belongs to the global network of
Lockton Companies, L.L.C., which ranks 10th in the list of the world's largest
insurance brokers.


ABOUT TECHNOVATION GLOBAL SERVICES

Technovation Global Services, Inc. is a pure-play insurance business process
outsourcing company that caters to the needs of U.S.-based insurance carriers,
brokers, agencies and third-party administrators (TPAs).

Web Site: http://www.infinit-o.com/

Contact Details: LP Leviste Street
Salcedo Village
Makati City
1227 Philippines

866 727 2504 ext 410
richard.eldridge@infinit-o.com

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